Description

BSE announces transfer of KASTURI METAL COMPOSITE LIMITED equity shares from MT Group (Trade for Trade) to M Group (Rolling segment) effective February 17, 2026.

Summary

BSE has notified that the equity shares of KASTURI METAL COMPOSITE LIMITED (Scrip Code: 544688), an SME IPO, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective February 17, 2026. This follows the Exchange’s previous notice dated February 1, 2026.

Key Points

  • Company: KASTURI METAL COMPOSITE LIMITED (SME IPO)
  • Scrip Code: 544688
  • Current Classification: MT Group (Trade for Trade segment)
  • New Classification: M Group (Rolling segment)
  • Effective Date: Tuesday, February 17, 2026
  • Reference Notice: 20260202-35 dated February 1, 2026
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The stock will transition from Trade for Trade settlement (MT Group) to Rolling settlement (M Group), allowing normal intraday trading and T+2 settlement instead of the restrictive delivery-based trading.

Compliance Requirements

  • Trading members must update their systems to reflect the group change
  • Positions and orders should be adjusted for the new segment classification
  • Trading members should contact Mr. Anurag Jain for clarifications or technical details

Important Dates

  • February 1, 2026: Original notice issued (Notice No. 20260202-35)
  • February 3, 2026: Current notification issued
  • February 17, 2026: Effective date for segment transfer

Impact Assessment

This transfer from Trade for Trade to Rolling segment is generally positive, indicating the stock has met BSE’s criteria for normal trading. It will:

  • Improve liquidity by allowing intraday trading
  • Enable margin trading and derivatives if applicable
  • Reduce settlement restrictions for investors
  • Signal improved confidence in the scrip’s trading stability
  • Benefit trading members through increased trading volumes and flexibility

Impact Justification

Segment transfer from restrictive Trade for Trade to Rolling segment improves liquidity and trading flexibility for an SME IPO stock, positively impacting trading members and investors.