Description
Transfer of RIDDHI DISPLAY EQUIPMENTS LIMITED shares from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective December 30, 2025.
Summary
BSE has announced the transfer of equity shares of RIDDHI DISPLAY EQUIPMENTS LIMITED (Scrip Code: 544640) from the Trade for Trade segment (MT Group) to the Rolling segment (M Group), effective December 30, 2025. This follows the company’s SME IPO and represents a transition to more flexible trading arrangements.
Key Points
- Company: RIDDHI DISPLAY EQUIPMENTS LIMITED (SME IPO)
- Scrip Code: 544640
- Current Segment: Trade for Trade segment (MT Group)
- New Segment: Rolling segment (M Group)
- Effective Date: Tuesday, December 30, 2025
- Notice Number: 20251215-3
- Continuation of previous notice: 20251212-44 dated December 12, 2025
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The equity shares will transition from the Trade for Trade segment to the Rolling settlement segment. In the Trade for Trade (MT Group) segment, each transaction must be settled individually with compulsory delivery. The Rolling segment (M Group) allows for more flexible trading with standard T+1 settlement cycles and potential for intraday trading.
Compliance Requirements
Trading Members should:
- Note the segment transfer effective December 30, 2025
- Update their systems to reflect the new group classification (M Group)
- Contact Mr. Anurag Jain for clarifications or additional details
- Ensure clients are informed of the changed trading mechanics
Important Dates
- December 15, 2025: Notice issued
- December 30, 2025: Effective date for segment transfer from MT Group to M Group
Impact Assessment
This segment transfer generally indicates positive development for the stock, as it moves from a restricted trading environment to a more liquid rolling settlement system. The change enhances trading flexibility, potentially improving liquidity and price discovery. Trading Members and investors will benefit from standard settlement procedures and the ability to trade with greater ease compared to the compulsory delivery-based Trade for Trade segment.
Impact Justification
Segment transfer affects trading mechanics for RIDDHI DISPLAY EQUIPMENTS LIMITED, moving from restricted Trade for Trade to more liquid Rolling segment, enhancing trading flexibility for market participants.