Description

BSE circular announcing the exclusion of Sayaji Industries Limited from the Periodic Call Auction System (PCAS) mechanism effective January 7, 2026.

Summary

BSE has issued an addendum to its earlier notice 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 from Wednesday, January 7, 2026. This exclusion means the stock will return to normal continuous trading mode.

Key Points

  • Addendum to notice 20260105-10 dated January 5, 2026
  • Company: Sayaji Industries Limited
  • ISIN: INE327G01024
  • Scrip Code: 540728
  • Action: Exclusion from PCAS mechanism
  • Segment: Equity
  • Notice Number: 20260106-2

Regulatory Changes

The stock of Sayaji Industries Limited will be removed from the Periodic Call Auction System (PCAS) mechanism, allowing it to trade under normal continuous trading mode instead of the restricted call auction mechanism.

Compliance Requirements

Trading members of BSE are required to:

  • Note the exclusion of Sayaji Industries Limited from PCAS
  • Adjust trading systems and processes accordingly for normal continuous trading
  • Contact BSE for any clarifications: Mr. Parag Jain (Manager - Listing Compliance & Operations) at 022-2272 8685 or direct.listing@bseindia.com

Important Dates

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

Impact Assessment

The exclusion from PCAS is a positive development for Sayaji Industries Limited shareholders and traders. Stocks under PCAS face trading restrictions with only two call auction sessions per day, limiting liquidity. The exclusion indicates improved compliance or resolution of issues that led to PCAS placement. This will enhance liquidity, improve price discovery, and provide better trading opportunities for market participants in this stock. The impact is limited to this single security and its stakeholders.

Impact Justification

This addendum affects trading mechanism for a single company by removing PCAS restrictions, allowing normal trading to resume. Medium impact as it provides clarity on implementation timing for the previously announced exclusion.