Description
Olympic Management & Financial Services Ltd. equity shares will be moved to 'X' group effective January 06, 2026.
Summary
BSE has announced that equity shares of Olympic Management & Financial Services Ltd. (Scrip Code: 511632) will be moved to the ‘X’ group effective January 06, 2026. This group change will impose different trading conditions and restrictions on the scrip.
Key Points
- Company: Olympic Management & Financial Services Ltd.
- Scrip Code: 511632
- New Group: ‘X’ group
- Effective Date: January 06, 2026
- Contact: Mrs. Kinjal More, Cell: +91-7304278788 for clarifications
Regulatory Changes
The equity shares will be transferred from their current group to the ‘X’ group, which typically indicates enhanced surveillance measures. Trading in ‘X’ group securities is subject to specific restrictions and additional monitoring by the exchange.
Compliance Requirements
- Trading members must note the group change and adjust their systems accordingly
- Members should familiarize themselves with ‘X’ group trading rules and restrictions
- For any clarifications, trading members should contact Mrs. Kinjal More on +91-7304278788
Important Dates
- Notice Date: December 30, 2025
- Effective Date: January 06, 2026
Impact Assessment
The movement to ‘X’ group will result in stricter trading conditions for Olympic Management & Financial Services Ltd. shares. This may include trade-for-trade settlement, no intraday trading, higher margin requirements, and enhanced reporting obligations. Trading members and investors should be aware of these restrictions before the effective date.
Impact Justification
Group change to 'X' group indicates enhanced surveillance and trading restrictions, materially impacting trading members and investors in this scrip.