Description
ASTRON MULTIGRAIN LIMITED and RAVELCARE LIMITED will be added to the BSE SME IPO Index effective December 9, 2025.
Summary
BSE announced the addition of two newly listed companies to the BSE SME IPO Index effective December 9, 2025. ASTRON MULTIGRAIN LIMITED (ticker: 544628) and RAVELCARE LIMITED (ticker: 544629) are being listed on BSE on December 8, 2025, and will be included in the index from the market open on December 9, 2025.
Key Points
- Two companies being added to BSE SME IPO Index: ASTRON MULTIGRAIN LIMITED and RAVELCARE LIMITED
- Exchange tickers: 544628 (ASTRON) and 544629 (RAVELCARE)
- Listing date: December 8, 2025 (Monday)
- Index inclusion effective date: December 9, 2025 (Tuesday) at market open
- Actions included in end-of-day corporate action file (*.SDE)
- Reference notices: 20251205-56 and 20251205-57
Regulatory Changes
No regulatory changes. This is a routine index composition update following new listings.
Compliance Requirements
No specific compliance requirements for market participants. Index constituents are automatically updated in corporate action files.
Important Dates
- December 8, 2025: Listing of ASTRON MULTIGRAIN LIMITED and RAVELCARE LIMITED on BSE
- December 9, 2025: Effective addition to BSE SME IPO Index at market open
Impact Assessment
Market Impact: Minimal. Routine index addition for two SME stocks following their listing.
Operational Impact: Index funds and ETFs tracking the BSE SME IPO Index will need to adjust their portfolios to include these two stocks. The additions are reflected in the corporate action file for automated processing by market systems.
Impact Justification
Routine index addition of two SME stocks following their listing on BSE. Standard market operations with limited broader market impact.