Description
HRS ALUGLAZE LIMITED and PAJSON AGRO INDIA LIMITED added to BSE SME IPO Index effective December 19, 2025.
Summary
BSE announced the addition of two newly listed companies to the BSE SME IPO Index effective December 19, 2025. HRS ALUGLAZE LIMITED (Exchange ticker-544656) and PAJSON AGRO INDIA LIMITED (Exchange ticker-544657) will be included in the index following their listing on December 18, 2025.
Key Points
- Two companies being added to BSE SME IPO Index
- HRS ALUGLAZE LIMITED (ticker: 544656) listed on December 18, 2025
- PAJSON AGRO INDIA LIMITED (ticker: 544657) listed on December 18, 2025
- Index inclusion effective at market open on December 19, 2025
- Changes included in end-of-day corporate action file (*.SDE)
- Reference notices: 20251217-56 (HRS ALUGLAZE) and 20251217-55 (PAJSON AGRO)
Regulatory Changes
No regulatory changes. This is a routine index composition update following new SME listings.
Compliance Requirements
No specific compliance requirements for market participants. Index constituents automatically updated in corporate action files.
Important Dates
- December 18, 2025: Listing date for both companies on BSE
- December 19, 2025: Effective date for index inclusion (at market open)
Impact Assessment
Minimal market impact. This is a routine administrative action adding newly listed SME companies to the BSE SME IPO Index. The inclusion may generate minor trading activity from index-tracking funds or strategies focused on the SME IPO segment. Investors tracking the BSE SME IPO Index should note the composition changes. For queries, market participants can contact bseindex@bseindia.com.
Impact Justification
Routine index addition of two newly listed SME companies to the BSE SME IPO Index with limited broader market impact