Description
KASTURI METAL COMPOSITE LIMITED equity shares will 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), an SME IPO listing, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective February 17, 2026. This transition follows the standard process for SME IPO listings after initial trading period.
Key Points
- Company affected: KASTURI METAL COMPOSITE LIMITED - SME IPO
- Scrip Code: 544688
- Current segment: Trade for Trade segment (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: Tuesday, February 17, 2026
- Notice issued in continuation to Exchange Notice No. 20260202-35 dated February 01, 2026
Regulatory Changes
No regulatory changes. This is an operational change in trading segment classification as part of the standard post-IPO process for SME listings.
Compliance Requirements
Trading members should:
- Update their systems to reflect the segment change from MT Group to M Group
- Contact Mr. Anurag Jain on Tel. No. 022-2272 8822 for further details if needed
- Prepare for rolling settlement procedures instead of trade-for-trade settlement
Important Dates
- Notice Date: February 3, 2026
- Effective Date: February 17, 2026 - Transfer from Trade for Trade segment to Rolling segment
Impact Assessment
Trading Impact: Medium - The shift from Trade for Trade (T2T) segment to Rolling segment will change the settlement and trading mechanics for the stock. In T2T segment, buyers must take delivery and sellers must deliver shares, whereas in Rolling segment, the stock will be available for intraday trading and regular settlement cycles.
Liquidity Impact: Positive - Moving to Rolling segment typically improves liquidity as it removes T2T restrictions and allows for more flexible trading.
Investor Impact: Trading members and investors dealing in this scrip need to be aware of the changed trading mechanics and settlement procedures from the effective date.
Impact Justification
Segment change affects trading mechanics for the stock but is a routine operational change for SME IPO transitioning from T2T to rolling settlement