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 equity shares of KASTURI METAL COMPOSITE LIMITED (Scrip Code: 544688) will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective February 17, 2026. This follows the company’s SME IPO listing.
Key Points
- Scrip Code: 544688
- Company: KASTURI METAL COMPOSITE LIMITED (SME IPO)
- Transfer from: MT Group (Trade for Trade segment)
- Transfer to: M Group (Rolling segment)
- Effective Date: Tuesday, February 17, 2026
- Notice references continuation of Notice No. 20260202-35 dated February 01, 2026
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The trading mechanism for KASTURI METAL COMPOSITE LIMITED will change from Trade for Trade settlement to Rolling settlement, allowing for standard T+2 settlement cycle instead of compulsory delivery-based trading.
Compliance Requirements
Trading Members should:
- Note the group change effective February 17, 2026
- Update their systems to reflect the new group classification (M Group)
- Contact Mr. Anurag Jain for clarifications or further details
Important Dates
- February 03, 2026: Circular issued
- February 17, 2026: Effective date for group transfer from MT to M Group
Impact Assessment
The transfer from Trade for Trade (MT Group) to Rolling segment (M Group) will improve liquidity and trading flexibility for KASTURI METAL COMPOSITE LIMITED shares. This change typically indicates completion of post-IPO stabilization period and allows for normal intraday trading and settlement processes instead of compulsory delivery-based trading.
Impact Justification
Movement from Trade for Trade to Rolling segment impacts trading mechanism for KASTURI METAL COMPOSITE LIMITED, affecting liquidity and trading flexibility for market participants.