Description

BSE excludes Sayaji Industries Limited from the Periodic Call Auction System (PCAS) mechanism effective January 7, 2026, following earlier notice dated January 5, 2026.

Summary

BSE has issued an addendum to notice 20260105-10 dated January 5, 2026, confirming that Sayaji Industries Limited (Scrip Code: 540728, ISIN: INE327G01024) will be excluded from the Periodic Call Auction System (PCAS) mechanism effective Wednesday, January 7, 2026.

Key Points

  • This is an addendum to earlier notice dated January 5, 2026
  • Sayaji Industries Limited to be excluded from PCAS mechanism
  • Effective date: Wednesday, January 7, 2026
  • ISIN: INE327G01024, Scrip Code: 540728
  • Trading Members are informed of this change

Regulatory Changes

Sayaji Industries Limited will move from the Periodic Call Auction System (PCAS) mechanism to normal trading mode. PCAS is typically applied to illiquid securities with limited trading activity. Exclusion from PCAS indicates the stock has met criteria for improved liquidity and can trade in the normal continuous trading system.

Compliance Requirements

Trading Members should:

  • Note the exclusion of Sayaji Industries Limited from PCAS effective January 7, 2026
  • Adjust their trading systems and processes accordingly
  • Contact Mr. Parag Jain (Manager - Listing Compliance & Operations) at 022-2272 8685 or direct.listing@bseindia.com for clarifications

Important Dates

  • Notice Date: January 6, 2026
  • Effective Date: January 7, 2026 (Wednesday)
  • Reference Notice: 20260105-10 dated January 5, 2026

Impact Assessment

The exclusion from PCAS mechanism is generally positive for the stock as it indicates improved trading liquidity. The stock will now trade in the normal continuous trading system, potentially allowing for better price discovery and easier execution for investors. Impact is limited to this single security and is administrative in nature, affecting trading mechanism rather than fundamentals.

Impact Justification

Administrative clarification affecting single stock's trading mechanism; exclusion from PCAS typically indicates improved liquidity and is positive for normal trading