Description
Trading in equity shares of KANISHK ALUMINIUM INDIA LIMITED will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective February 18, 2026.
Summary
BSE has announced that equity shares of KANISHK ALUMINIUM INDIA LIMITED (Scrip Code: 544693), an SME IPO listing, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective February 18, 2026. This follows the exchange’s earlier notice dated February 03, 2026.
Key Points
- Company: KANISHK ALUMINIUM INDIA LIMITED - SME IPO
- Scrip Code: 544693
- Current segment: Trade for Trade (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: Wednesday, February 18, 2026
- Notice continues from earlier Notice No. 20260203-43 dated February 03, 2026
Regulatory Changes
The trading mechanism for KANISHK ALUMINIUM INDIA LIMITED shares will change from Trade for Trade basis to Rolling settlement, allowing for normal T+1 settlement cycle and improved liquidity.
Compliance Requirements
Trading Members are informed of this segment change and should update their systems accordingly. For further details, Trading Members may contact Mr. Anurag Jain at Tel. No. 022-2272 8822.
Important Dates
- February 03, 2026: Initial notice issued (Notice No. 20260203-43)
- February 04, 2026: Continuation notice issued
- February 18, 2026: Effective date for segment transfer from MT Group to M Group
Impact Assessment
This segment transfer is a standard post-listing progression for SME IPO stocks. The move from Trade for Trade to Rolling segment typically improves liquidity and allows for intraday trading. Investors will benefit from better price discovery and reduced settlement restrictions. The change indicates the stock has met BSE’s criteria for graduation to the rolling settlement segment.
Impact Justification
Routine segment transfer from T2T to rolling for SME IPO stock, affects trading mechanism and liquidity but follows standard post-listing process