Description
Modi Naturals Ltd (Scrip Code: 519003) is being moved from Group X to Group B effective December 11, 2025.
Summary
BSE has announced a group reclassification for Modi Naturals Ltd, effective December 11, 2025. The company will be moved from Group X to Group B, indicating an upgrade in classification status.
Key Points
- Company: Modi Naturals Ltd
- Scrip Code: 519003
- Current Group: X
- New Group: B
- Effective Date: December 11, 2025
- Notice Number: 20251210-3
- Notice Date: December 10, 2025
Regulatory Changes
No regulatory framework changes. This is a routine group reclassification for a single security.
Compliance Requirements
- Trading members should note the group change and update their systems accordingly
- The reclassification will be effective from the start of trading on December 11, 2025
Important Dates
- Notice Date: December 10, 2025
- Effective Date: December 11, 2025
Impact Assessment
Market Impact: Low - This affects only one company and represents a positive reclassification from Group X to Group B.
Operational Impact: Minimal - Trading members need to update group classification in their systems. Group B typically has better liquidity and lower surveillance compared to Group X.
Trading Implications: The move to Group B may indicate improved compliance or trading metrics for Modi Naturals Ltd.
Impact Justification
Routine group reclassification affecting a single company with minimal market-wide impact