Description
Trading in equity shares of RIDDHI DISPLAY EQUIPMENTS LIMITED (Scrip Code: 544640) will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective December 30, 2025.
Summary
BSE has announced that equity shares of RIDDHI DISPLAY EQUIPMENTS LIMITED (Scrip Code: 544640), currently listed on the SME platform, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective December 30, 2025. This follows a previous notice dated December 12, 2025.
Key Points
- Company: RIDDHI DISPLAY EQUIPMENTS LIMITED - SME IPO
- Scrip Code: 544640
- Current segment: Trade for Trade (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: December 30, 2025
- Notice references previous circular dated December 12, 2025 (Notice No. 20251212-44)
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The trading mechanism for RIDDHI DISPLAY EQUIPMENTS LIMITED shares will change from Trade for Trade basis to Rolling settlement basis, allowing for intraday trading and normal settlement cycles instead of compulsory delivery-based trading.
Compliance Requirements
Trading members should note the segment change and update their systems accordingly. For further clarification or operational details, members should contact Mr. Anurag Jain at the provided telephone number.
Important Dates
- December 12, 2025: Initial notice issued (Notice No. 20251212-44)
- December 15, 2025: Confirmation notice issued
- December 30, 2025: Effective date of segment transfer from MT Group to M Group
Impact Assessment
This change represents a positive development for the stock as it moves from the restrictive Trade for Trade segment to the Rolling segment, which allows for more flexible trading including intraday positions. This typically indicates improved compliance and stability post-IPO listing. The impact is primarily operational for trading members who need to adjust their trading strategies and systems for this scrip.
Impact Justification
Routine segment migration from Trade for Trade to Rolling segment for SME IPO stock, affecting trading mechanism but not significantly impacting market operations