Description
Piramal Finance Limited equity shares (Scrip Code: 544597) will be permitted to trade under Group 'B' effective November 21, 2025.
Summary
BSE has announced that equity shares of Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited) with Scrip Code 544597 will be permitted to trade under Group ‘B’ effective Friday, November 21, 2025.
Key Points
- Company: Piramal Finance Limited (Formerly: Piramal Capital & Housing Finance Limited)
- Scrip Code: 544597
- New Trading Group: ‘B’
- Effective Date: Friday, November 21, 2025
- Notice Number: 20251107-22
- Category: Company related - Equity Segment
Regulatory Changes
The equity shares will be reclassified from their current trading group to Group ‘B’. Group ‘B’ securities typically have different settlement and trading parameters compared to Group ‘A’ securities on BSE.
Compliance Requirements
Trading members must:
- Take note of the group change for the scrip
- Update their systems to reflect the new trading group designation
- Ensure compliance with Group ‘B’ trading norms from the effective date
Important Dates
- Notice Date: November 7, 2025
- Effective Date: November 21, 2025 (Friday)
Impact Assessment
This administrative change may affect:
- Trading parameters and settlement cycles for the scrip
- Margin requirements for trading members
- Liquidity characteristics of the security
- Risk management processes for brokers and investors
The change from the current group to Group ‘B’ is a routine administrative action by the exchange.
Impact Justification
Change in trading group affects liquidity and trading parameters for the scrip but is a routine administrative change