Description

SHINING TOOLS LIMITED 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 the equity shares of SHINING TOOLS LIMITED (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 follows the company’s SME IPO listing.

Key Points

  • Company: SHINING TOOLS LIMITED (Scrip Code: 544607)
  • Current segment: Trade for Trade segment (MT Group)
  • New segment: Rolling segment (M Group)
  • Effective date: Friday, November 28, 2025
  • Segment: SME platform
  • Notice number: 20251114-4
  • Continuation of previous notice: 20251113-51 dated November 13, 2025

Regulatory Changes

The equity shares will transition from MT Group (Trade for Trade) to M Group (Rolling segment), which typically allows for more flexible trading mechanisms including intraday trading and delivery-based transactions.

Compliance Requirements

  • Trading members should note the segment change for their trading systems
  • Contact person for queries: Mr. Anurag Jain, Tel: 022-2272 8822
  • Trading members must update their systems to reflect the new group classification

Important Dates

  • Notice date: November 14, 2025
  • Effective date of segment transfer: November 28, 2025
  • Previous related notice: November 13, 2025 (Notice No. 20251113-51)

Impact Assessment

Market Impact: Medium - The shift from Trade for Trade to Rolling segment increases liquidity potential and allows for more flexible trading mechanisms. This is a positive development for investors as it removes trading restrictions typically imposed on newly listed SME IPOs.

Operational Impact: Trading members need to update their systems and processes to accommodate the segment change. The transition period provides adequate time for necessary adjustments before the effective date.

Impact Justification

Segment transfer affects trading mechanics for SHINING TOOLS LIMITED but is a routine post-IPO transition from restrictive to regular trading segment