Description

KANISHK ALUMINIUM INDIA LIMITED equity shares will 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), an SME IPO company, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective Wednesday, 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 segment (MT Group)
  • New segment: Rolling segment (M Group)
  • Effective date: Wednesday, February 18, 2026
  • Reference notice: Notice No. 20260203-43 dated Tuesday, February 03, 2026
  • Contact person: Mr. Anurag Jain, Tel. No. 022-2272 8822

Regulatory Changes

The trading methodology for KANISHK ALUMINIUM INDIA LIMITED shares will change from Trade for Trade basis (where compulsory delivery is required) to Rolling settlement (standard T+1 settlement cycle with intraday trading permitted).

Compliance Requirements

Trading members should:

  • Note the segment transfer effective February 18, 2026
  • Update their systems to reflect the new group classification (M Group)
  • Contact Mr. Anurag Jain at BSE for any clarifications or further details
  • Ensure client communication regarding the change in trading mechanism

Important Dates

  • February 03, 2026: Initial notice issued (Notice No. 20260203-43)
  • February 04, 2026: Current notice date
  • February 18, 2026: Effective date for transfer to Rolling segment (M Group)

Impact Assessment

This group change represents a positive development for the stock, indicating:

  • Improved liquidity potential as the stock moves from restricted Trade for Trade to normal Rolling settlement
  • Completion of the initial post-IPO monitoring period
  • Enhanced trading flexibility for market participants with intraday trading now permitted
  • Standard T+1 settlement cycle will apply instead of compulsory delivery
  • Typically signals successful stabilization of the stock post-SME IPO listing

Impact Justification

Routine transition from Trade for Trade to Rolling segment for SME IPO stock after listing period, indicating improved liquidity and normal trading operations