Description
Modi Naturals Ltd (Scrip Code: 519003) will be moved from Group X to Group B effective December 11, 2025.
Summary
BSE has announced that Modi Naturals Ltd (Scrip Code: 519003) will undergo a group change from Group X to Group B, effective December 11, 2025. This reclassification indicates a change in the trading and surveillance framework applicable to the company’s equity shares.
Key Points
- Company: Modi Naturals Ltd
- Scrip Code: 519003
- Current Group: X
- New Group: B
- Effective Date: December 11, 2025
- Segment: Equity
- Notice Number: 20251210-3
Regulatory Changes
The company is being moved from Group X (typically reserved for securities under surveillance or with compliance issues) to Group B (normal trading group), indicating improved compliance status and removal from enhanced surveillance measures.
Compliance Requirements
- Trading members must update their systems to reflect the new group classification
- Risk management parameters should be adjusted according to Group B norms
- Members should ensure proper categorization in their trading and settlement systems
Important Dates
- Notice Date: December 10, 2025
- Effective Date: December 11, 2025
Impact Assessment
This group change from X to B is positive for Modi Naturals Ltd as it suggests the company has addressed previous compliance concerns. The move to Group B will likely result in:
- Removal of enhanced surveillance measures
- Normal trading parameters and margins applicable
- Potential improvement in liquidity and investor sentiment
- Reduced restrictions on trading activity
Impact Justification
Group change from X to B indicates improved compliance status for Modi Naturals Ltd, affecting trading parameters and investor confidence