Description

RISHAB SPECIAL YARNS LIMITED (scrip code: 514177) to be migrated from Group P to Group X with compulsory demat settlement and market lot change from 100 to 1 equity share effective November 14, 2025.

Summary

BSE has announced that RISHAB SPECIAL YARNS LIMITED (scrip code: 514177) has signed agreements with both depositories and will be migrated from Group P to Group X effective Friday, November 14, 2025 (Settlement No. DR-756/2025-2026). The scrip will trade in Normal Rolling Segment with compulsory demat settlement, and the market lot will be reduced from 100 shares to 1 share.

Key Points

  • Scrip code: 514177 (RISHAB SPECIAL YARNS LIMITED)
  • Group migration: P → X
  • Market lot change: 100 shares → 1 share
  • Trading segment: Normal Rolling Segment
  • Settlement mode: Compulsory dematerialised form
  • Netting allowed in the scrip
  • Shortages will be auctioned
  • Existing ISIN: INE351D01013 (unchanged)

Regulatory Changes

The scrip will be traded under revised settlement modalities following the company’s agreement with both depositories. All trades executed in the scrip must be settled in compulsory demat form. The migration from Group P to Group X represents a change in trading classification, bringing the scrip into the normal rolling settlement framework.

Compliance Requirements

  • Trading members must execute all trades in market lot of 1 equity share (revised from 100)
  • All settlements must be in dematerialised form (compulsory demat)
  • Trading members must ensure compliance with Normal Rolling Segment requirements
  • Shortages in the scrip will be subject to auction process
  • Trading members are required to take note of these changes and update their systems accordingly

Important Dates

  • Effective Date: Friday, November 14, 2025
  • Settlement Number: DR-756/2025-2026
  • Notice Date: November 13, 2025

Impact Assessment

The migration to Group X and market lot reduction from 100 to 1 share will significantly improve liquidity and accessibility for retail investors in RISHAB SPECIAL YARNS LIMITED. The compulsory demat settlement ensures secure and transparent trading. Trading members need to update their trading systems to reflect the new market lot size. The change enables more granular position-taking and reduces the minimum investment amount required, potentially broadening the investor base. The availability of netting and auction mechanisms for shortages maintains standard market practices for risk management.

Impact Justification

Group migration from P to X with market lot reduction impacts trading mechanics for RISHAB SPECIAL YARNS LIMITED. Affects settlement procedures and lot size requirements for trading members.