Description

Shayona Engineering Limited equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective February 12, 2026.

Summary

BSE has announced that equity shares of Shayona Engineering Limited (Scrip Code: 544686), an SME IPO company, will be transferred from the Trade for Trade segment (MT Group) to the Rolling settlement segment (M Group) effective February 12, 2026. This change follows the exchange’s earlier notice dated January 29, 2026.

Key Points

  • Company: Shayona Engineering Limited (SME IPO)
  • Scrip Code: 544686
  • Current Segment: Trade for Trade (MT Group)
  • New Segment: Rolling Settlement (M Group)
  • Effective Date: Thursday, February 12, 2026
  • This is a continuation of Notice No. 20260129-49 dated January 29, 2026

Regulatory Changes

The equity shares will transition from a restrictive Trade for Trade settlement mechanism to a normal Rolling settlement mechanism, indicating the company has met the criteria for regular trading operations.

Compliance Requirements

  • Trading Members should note the segment change for order placement and settlement
  • Contact person for queries: Mr. Anurag Jain (Tel: 022-2272 8822)
  • No specific action required from investors; change is procedural

Important Dates

  • Notice Date: January 30, 2026
  • Previous Notice: January 29, 2026 (Notice No. 20260129-49)
  • Effective Date of Transfer: February 12, 2026

Impact Assessment

This change represents a positive development for Shayona Engineering Limited as it moves from the restrictive Trade for Trade segment to regular Rolling settlement. This typically indicates improved compliance and reduced surveillance concerns. For investors, this means enhanced liquidity and normal T+1 settlement cycles instead of immediate delivery requirements. Trading members will need to update their systems to reflect the new group classification.

Impact Justification

Segment change affects trading mechanism for SME IPO stock, transitioning from restrictive Trade for Trade to normal Rolling settlement