Description
Trading in MODERN INSULATORS LTD. equity shares will be transferred from 'XT' Group to 'X' Group effective November 17, 2025.
Summary
BSE has announced that equity shares of MODERN INSULATORS LTD. (Scrip Code: 515008) will be transferred from ‘XT’ Group to ‘X’ Group effective November 17, 2025. This is a continuation of the exchange notice dated October 24, 2025, regarding group classification changes for the company’s shares.
Key Points
- Company: MODERN INSULATORS LTD.
- Scrip Code: 515008
- Current Group: XT
- New Group: X
- Effective Date: November 17, 2025
- Trading will be permitted under X Group from the effective date
Regulatory Changes
This represents a group reclassification within BSE’s trading framework. The movement from XT Group to X Group indicates a change in the trading category classification for the security.
Compliance Requirements
- Trading members must note the group change for MODERN INSULATORS LTD.
- Members should update their systems and records to reflect the new group classification
- All trading in the scrip must be conducted under X Group from November 17, 2025 onwards
Important Dates
- October 24, 2025: Original exchange notice issued
- October 31, 2025: Circular date
- November 17, 2025: Effective date for group transfer from XT to X
Impact Assessment
This is a routine administrative change with minimal market impact. Trading members need to update their internal systems to reflect the new group classification. The change does not affect the tradability of the security but requires operational adjustments by trading members to ensure proper categorization in their trading systems.
Impact Justification
Routine administrative change moving stock from XT to X group, limited operational impact on trading members