Description

KASTURI METAL COMPOSITE LIMITED (Scrip Code: 544688) equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective February 17, 2026.

Summary

BSE has announced that the equity shares of KASTURI METAL COMPOSITE LIMITED (Scrip Code: 544688) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective Tuesday, February 17, 2026. This change follows the company’s SME IPO listing and represents a transition from mandatory delivery-based trading to normal rolling settlement.

Key Points

  • Company: KASTURI METAL COMPOSITE LIMITED (SME IPO)
  • Scrip Code: 544688
  • Current Segment: Trade for Trade (MT Group)
  • New Segment: Rolling segment (M Group)
  • Effective Date: Tuesday, February 17, 2026
  • Notice references previous Exchange Notice No. 20260202-35 dated February 01, 2026
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The equity shares will transition from Trade for Trade settlement (where delivery is mandatory) to Rolling settlement, which allows for normal T+1 settlement cycles. This is a standard progression for SME IPO stocks after initial listing stabilization.

Compliance Requirements

  • Trading Members should note the segment change and update their systems accordingly
  • All dealings in the company’s equity shares will be conducted under M Group from February 17, 2026
  • Trading Members may contact Mr. Anurag Jain for clarifications or additional details

Important Dates

  • February 01, 2026: Original notice issued (Notice No. 20260202-35)
  • February 03, 2026: Confirmation notice issued
  • February 17, 2026: Effective date for segment transfer from MT Group to M Group

Impact Assessment

Market Impact: Medium - The transition from Trade for Trade to Rolling segment will enhance liquidity and trading flexibility for KASTURI METAL COMPOSITE LIMITED shares. Investors will no longer be required to take/give compulsory delivery, allowing for intraday and short-term trading strategies.

Operational Impact: Trading Members need to update their systems and processes to reflect the group change. The move to M Group indicates the stock has completed its initial post-IPO stabilization period and is ready for normal market operations.

Impact Justification

Segment transfer from Trade for Trade to Rolling affects trading flexibility for KASTURI METAL COMPOSITE LIMITED, allowing normal rolling settlement instead of mandatory delivery, which improves liquidity but is routine for post-IPO SME stocks.