Description
BSE announces that six securities are eligible to move out of the trade-for-trade category, continuing from Exchange notice 20260219-30 dated February 19, 2026. The affected scrips will transition to their respective normal trading groups.
Summary
BSE has issued Notice No. 20260223-49 directing trading members that six securities are now eligible to move out of the trade-for-trade (T2T) category. This is a continuation of Exchange notice no. 20260219-30 dated February 19, 2026. The transition allows these securities to be traded under normal rolling settlement in their respective new groups.
Key Points
- Six securities are moving out of the trade-for-trade segment effective as per this notice.
- The movement is a continuation of an earlier notice dated February 19, 2026 (Notice No. 20260219-30).
- Retaggio Industries Limited (544391) moves from group MT to group M.
- Svarnim Trade Udyog Limited (539911) moves from group XT to group X.
- Typhoon Financial Services Limited (539468) moves from group XT to group X.
- Shahi Shipping Limited (526508) moves from group XT to group X.
- Suryo Foods & Industries Ltd. (519604) moves from group XT to group X.
- Sambhaav Media Ltd. (511630) moves from group T to group B.
Regulatory Changes
The following group reclassifications are being made under BSE’s surveillance framework:
| Scrip Code | ISIN | Scrip Name | From Group | To Group |
|---|---|---|---|---|
| 544391 | INE0KWJ01014 | Retaggio Industries Limited | MT | M |
| 539911 | INE730R01042 | Svarnim Trade Udyog Limited | XT | X |
| 539468 | INE761R01013 | Typhoon Financial Services Limited | XT | X |
| 526508 | INE825D01016 | Shahi Shipping Limited | XT | X |
| 519604 | INE565E01016 | Suryo Foods & Industries Ltd. | XT | X |
| 511630 | INE699B01027 | Sambhaav Media Ltd. | T | B |
Compliance Requirements
- Trading members must update their systems to reflect the new group classifications for the listed securities.
- Orders and trades in these scrips should be processed under the new group designations as directed.
- Members should note that these scrips will no longer be subject to trade-for-trade settlement restrictions once moved to their new groups.
Important Dates
- Notice Date: February 23, 2026
- Reference Notice: 20260219-30 dated February 19, 2026
- Effective Date: As per Exchange instructions (members should refer to the original notice and any supplementary communication for the exact effective date).
Impact Assessment
Moving securities out of the trade-for-trade segment generally improves liquidity and trading flexibility for those scrips. In T2T segments, each trade must result in delivery (no netting or square-off on the same day is allowed), which restricts intraday trading. Transitioning to normal groups (M, X, B) allows standard rolling settlement, enabling intraday and carryforward positions. This is a positive development for retail and institutional traders holding or monitoring these six securities. The impact is moderate and confined to participants actively trading these specific scrips.
Impact Justification
Affects trading mechanics for six specific securities by moving them out of restrictive trade-for-trade segments; operationally significant for traders holding these scrips but limited to a small set of stocks.