Description
Olympic Management & Financial Services Ltd. (Scrip Code: 511632) equity shares to be moved to 'X' group effective January 06, 2026.
Summary
BSE has notified that equity shares of Olympic Management & Financial Services Ltd. (Scrip Code: 511632) will be transferred to the ‘X’ group with effect from January 06, 2026. This change in group classification typically indicates enhanced surveillance measures.
Key Points
- Company: Olympic Management & Financial Services Ltd.
- Scrip Code: 511632
- New Group: X Group
- Effective Date: January 06, 2026
- Contact for clarification: Mrs. Kinjal More (+91-7304278788)
Regulatory Changes
The equity shares will be moved from their current group to the ‘X’ group. The ‘X’ group classification is typically applied to securities under enhanced surveillance or those with specific trading restrictions.
Compliance Requirements
Trading members need to:
- Take note of the group change for trading purposes
- Update their systems to reflect the new group classification
- Be aware of any trading restrictions applicable to X group securities
- Contact BSE for clarifications if needed
Important Dates
- Notice Date: December 30, 2025
- Effective Date: January 06, 2026
Impact Assessment
The transfer to X group may result in:
- Enhanced surveillance on the scrip
- Potential impact on trading liquidity
- Additional scrutiny from regulatory authorities
- Possible trading restrictions depending on X group requirements
- Investors and traders should exercise caution when dealing with this scrip post-effective date
Impact Justification
Movement to X group indicates enhanced surveillance due to regulatory concerns, impacting trading liquidity and investor access for the specific scrip.