Description

BSE updates list of ICs and IHCs with group changes for Haryana Capfin Limited moving from trade-for-trade to Group X, while Easy Fincorp continues in trade-for-trade with call auction.

Summary

BSE has issued an update regarding Investment Companies (ICs) and Investment Holding Companies (IHCs) eligible for Special Call-Auctions. This circular continues previous notices from October and November 2025, announcing that Haryana Capfin Limited (scrip code 532855) will be transferred from the trade-for-trade segment to Group X effective December 3, 2025. Additionally, Easy Fincorp Limited (scrip code 511074) will continue trading in the trade-for-trade segment with call auction until further notice.

Key Points

  • Haryana Capfin Limited (532855) will move from trade-for-trade segment to Group X effective December 3, 2025
  • Easy Fincorp Limited (511074) continues in trade-for-trade segment with call auction mechanism
  • This notice is in continuation of previous circulars dated November 13, November 6, November 3, and October 15, 2025
  • Changes apply to equity shares trading on BSE
  • Trading members are required to note these segment changes

Regulatory Changes

No new regulatory framework changes. This circular implements existing regulations regarding the classification and trading mechanisms for Investment Companies and Investment Holding Companies.

Compliance Requirements

  • Trading members must update their systems to reflect the group change for Haryana Capfin Limited effective December 3, 2025
  • Trading members should ensure that Easy Fincorp Limited continues to be traded only through the trade-for-trade mechanism with call auction
  • Members should note the different trading rules applicable to Group X versus trade-for-trade segment

Important Dates

  • November 24, 2025: Circular notice date
  • December 3, 2025: Effective date for Haryana Capfin Limited’s transfer to Group X

Impact Assessment

This circular has limited market-wide impact as it affects only two specific companies. For Haryana Capfin Limited, the move from trade-for-trade to Group X represents a relaxation of trading restrictions, potentially improving liquidity and allowing normal settlement cycles. For Easy Fincorp Limited, the continuation in trade-for-trade with call auction indicates ongoing concerns requiring enhanced surveillance. Trading members dealing with these securities should update their systems and procedures accordingly. Investors in these companies should note the different trading mechanisms and settlement procedures applicable to each segment.

Impact Justification

Routine administrative update affecting only two specific companies with limited market-wide impact. Haryana Capfin transitions from trade-for-trade to normal trading group, while Easy Fincorp remains in restricted trading mode.