Description

KANISHK ALUMINIUM INDIA LIMITED shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective February 18, 2026.

Summary

BSE has announced that the equity shares of KANISHK ALUMINIUM INDIA LIMITED (Scrip Code: 544693), currently trading in Trade for Trade segment (MT Group), will be transferred to Rolling segment under M Group effective February 18, 2026. This change follows the Exchange’s earlier notice dated February 3, 2026.

Key Points

  • Company: KANISHK ALUMINIUM INDIA LIMITED - SME IPO
  • Scrip Code: 544693
  • Current Segment: Trade for Trade segment (MT Group)
  • New Segment: Rolling segment (M Group)
  • Effective Date: February 18, 2026
  • Notice Number: 20260204-5
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The trading mechanism for KANISHK ALUMINIUM INDIA LIMITED shares will transition from Trade for Trade basis to Rolling settlement, allowing for intraday trading and standard settlement cycles instead of full payment upfront requirement.

Compliance Requirements

Trading Members should:

  • Update their systems to reflect the group change from MT to M Group
  • Prepare for the transition effective February 18, 2026
  • Contact Mr. Anurag Jain for clarifications or additional details
  • Inform clients about the change in trading mechanism

Important Dates

  • February 3, 2026: Initial notice (20260203-43) issued
  • February 4, 2026: Current notice date
  • February 18, 2026: Effective date for segment transfer

Impact Assessment

This transition from Trade for Trade to Rolling segment will enhance liquidity and trading flexibility for KANISHK ALUMINIUM INDIA LIMITED shares. The move to M Group indicates improved market confidence and allows for standard intraday trading instead of requiring full upfront payment for each transaction. This is typical for SME IPO stocks that demonstrate stability post-listing.

Impact Justification

Trading segment change from Trade for Trade to Rolling segment affects liquidity and trading mechanism for this SME IPO stock, impacting trading members and investors.