Description

KASTURI METAL COMPOSITE LIMITED 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), currently listed under the SME segment, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective February 17, 2026. This change follows the exchange’s previous notice dated February 1, 2026.

Key Points

  • Stock: KASTURI METAL COMPOSITE LIMITED (Scrip Code: 544688)
  • Current segment: Trade for Trade (MT Group)
  • New segment: Rolling settlement (M Group)
  • Effective date: February 17, 2026 (Tuesday)
  • Platform: BSE SME segment
  • Notice number: 20260203-1
  • Continues from previous notice: 20260202-35 dated February 1, 2026

Regulatory Changes

The trading mechanism for KASTURI METAL COMPOSITE LIMITED shares will change from Trade for Trade settlement to Rolling settlement. This represents a relaxation of trading restrictions, allowing for more flexible trading practices under the M Group classification.

Compliance Requirements

  • Trading members should note the segment change in their systems
  • All dealings in the company’s equity shares must be conducted under M Group from February 17, 2026
  • Trading members may contact Mr. Anurag Jain on Tel. No. 022-2272 8822 for further clarification or details

Important Dates

  • February 1, 2026: Previous notice issued (20260202-35)
  • February 3, 2026: Current notice date
  • February 17, 2026: Effective date for segment transfer from MT Group to M Group

Impact Assessment

Market Impact: Medium - The shift from Trade for Trade to Rolling settlement typically improves liquidity and trading flexibility for the stock. Investors will experience easier entry and exit, with the ability to conduct intraday trading.

Trading Impact: This change allows for normal rolling settlement instead of mandatory delivery-based trading, which should increase trading volumes and market participation.

Investor Impact: Positive for existing shareholders as the stock moves to a less restrictive trading segment, potentially improving price discovery and market depth.

Impact Justification

Routine segment transfer for SME IPO stock moving from restrictive Trade for Trade to normal Rolling settlement, affecting liquidity and trading mechanism for existing shareholders