Description

RIDDHI DISPLAY EQUIPMENTS LIMITED equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective December 30, 2025.

Summary

BSE has announced that the equity shares of RIDDHI DISPLAY EQUIPMENTS LIMITED (Scrip Code: 544640), which debuted through an SME IPO, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective December 30, 2025. This follows the exchange’s earlier notice dated December 12, 2025.

Key Points

  • Company: RIDDHI DISPLAY EQUIPMENTS LIMITED (SME IPO)
  • Scrip Code: 544640
  • Current Classification: Trade for Trade segment (MT Group)
  • New Classification: Rolling segment (M Group)
  • Effective Date: December 30, 2025
  • This is a continuation of Exchange Notice No. 20251212-44 dated December 12, 2025

Regulatory Changes

The trading mechanism for RIDDHI DISPLAY EQUIPMENTS LIMITED shares will change from Trade for Trade basis to Rolling settlement basis, allowing for more flexible trading and better liquidity.

Compliance Requirements

Trading members should:

  • Update their systems to reflect the group change from MT to M Group
  • Contact Mr. Anurag Jain (Tel: 022-2272 8822) for further clarification or assistance
  • Ensure readiness for the transition by December 30, 2025

Important Dates

  • December 12, 2025: Original notice issued (Notice No. 20251212-44)
  • December 15, 2025: Confirmation notice issued
  • December 30, 2025: Effective date for group change from MT to M Group

Impact Assessment

The shift from Trade for Trade (MT Group) to Rolling segment (M Group) is a positive development that typically occurs after an SME IPO stabilizes. This change will:

  • Enhance liquidity by allowing intraday trading and netting of positions
  • Reduce settlement risk and trading costs for investors
  • Facilitate better price discovery through continuous rolling settlement
  • Signal the company’s graduation from restrictive trading to normal market operations

The impact is primarily operational, affecting trading members and investors in RIDDHI DISPLAY EQUIPMENTS LIMITED shares.

Impact Justification

Group change from MT to M segment affects trading operations for RIDDHI DISPLAY EQUIPMENTS LIMITED post-IPO, improving liquidity by moving to rolling settlement from trade-for-trade.