Description

Trading in equity shares of Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited) to be permitted under Group 'B' effective November 21, 2025.

Summary

BSE has announced that equity shares of Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Limited) with Scrip Code 544597 will be permitted to trade under Group ‘B’ effective Friday, November 21, 2025. This represents a change in the trading group classification for the company’s shares.

Key Points

  • Company: Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited)
  • Scrip Code: 544597
  • New Group Classification: Group ‘B’
  • Effective Date: Friday, November 21, 2025
  • Notice issued to all Trading Members

Regulatory Changes

The equity shares will transition to Group ‘B’ trading classification, which typically indicates stocks that meet specific liquidity and regulatory criteria set by BSE. Group ‘B’ stocks generally have different margin requirements and settlement processes compared to other groups.

Compliance Requirements

  • Trading Members must update their systems to reflect the new group classification
  • All trades in Piramal Finance Limited shares must be executed under Group ‘B’ framework from November 21, 2025
  • Trading Members should inform their clients about the group change and any implications

Important Dates

  • Notice Date: November 7, 2025
  • Effective Date: November 21, 2025 (Friday)

Impact Assessment

This group change may affect:

  • Trading margins and collateral requirements for the stock
  • Settlement cycles and processes
  • Liquidity parameters and surveillance measures
  • Investor participation as Group ‘B’ stocks have different trading characteristics

The transition from post-IPO listing group to Group ‘B’ is a standard progression indicating the stock has met BSE’s criteria for regular group classification.

Impact Justification

Group change from IPO listing group to Group B affects trading dynamics and surveillance framework for the stock, impacting liquidity and investor accessibility