Description

SHINING TOOLS LIMITED equity shares will be transferred from MT Group (Trade for Trade) to M Group (Rolling segment) effective November 28, 2025.

Summary

BSE has announced that 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 change follows the company’s SME IPO listing and represents a shift to more flexible trading arrangements.

Key Points

  • Company: SHINING TOOLS LIMITED (Scrip Code: 544607)
  • Current segment: Trade for Trade (MT Group)
  • New segment: Rolling segment (M Group)
  • Effective date: November 28, 2025
  • This is a continuation of Exchange Notice No. 20251113-51 dated November 13, 2025
  • Company is listed on SME platform

Regulatory Changes

The transfer from MT Group to M Group changes the trading mechanism:

  • MT Group (Trade for Trade): Requires compulsory delivery for all trades
  • M Group (Rolling segment): Allows normal rolling settlement with intraday trading and T+2 settlement

Compliance Requirements

  • Trading Members should note the segment change effective November 28, 2025
  • Trading Members may contact Mr. Anurag Jain (Tel: 022-2272 8822) for further details
  • All trades from November 28, 2025 onwards will follow Rolling segment rules

Important Dates

  • November 13, 2025: Initial notice issued (Notice No. 20251113-51)
  • November 14, 2025: Confirmation notice issued
  • November 28, 2025: Effective date of transfer to Rolling segment

Impact Assessment

Trading Impact: The shift from Trade for Trade to Rolling segment is generally positive for liquidity and trading flexibility. Investors will be able to conduct intraday trading and benefit from T+2 settlement instead of compulsory delivery.

Market Participants: Trading members and investors in SHINING TOOLS LIMITED should adjust their trading strategies to account for the new segment rules, including the ability to use intraday positions and rolling settlement mechanisms.

Liquidity: Expected improvement in liquidity as rolling settlement typically attracts more trading activity compared to the restrictive Trade for Trade segment.

Impact Justification

Affects trading mechanism for SHINING TOOLS LIMITED by moving from restrictive Trade for Trade segment to more liquid Rolling segment, improving trading flexibility for investors