Description
SHINING TOOLS LIMITED (Scrip Code: 544607) equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective November 28, 2025.
Summary
BSE has announced that equity shares of SHINING TOOLS LIMITED (SME IPO, Scrip Code: 544607) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective November 28, 2025. This is a continuation of the exchange’s earlier notice dated November 13, 2025.
Key Points
- Company: SHINING TOOLS LIMITED (SME IPO)
- Scrip Code: 544607
- Current Segment: Trade for Trade (MT Group)
- New Segment: Rolling segment (M Group)
- Effective Date: Friday, November 28, 2025
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
- Issued by: Hardik Bhuta, Assistant Vice President
Regulatory Changes
The equity shares will transition from mandatory delivery-based trading (Trade for Trade segment) to normal rolling settlement, allowing intraday trading and standard settlement cycles.
Compliance Requirements
Trading members should:
- Update their systems to reflect the group change from MT to M Group
- Inform clients about the change in trading segment
- Contact Mr. Anurag Jain for further clarifications or technical details
Important Dates
- November 13, 2025: Initial notice issued (Notice No. 20251113-51)
- November 14, 2025: Current notice issued (Notice No. 20251114-4)
- November 28, 2025: Effective date for segment transfer
Impact Assessment
This change will enhance liquidity for SHINING TOOLS LIMITED shares by allowing intraday trading and margin trading facilities. The move from T2T to Rolling segment is a standard progression for SME IPO stocks after initial listing period, indicating successful listing completion and eligibility for normal trading operations.
Impact Justification
Routine post-IPO segment migration from T2T to Rolling segment for SME stock, affecting trading mechanics but not fundamentals