Description

BSE notifies trading members that equity shares of Arco Leasing Ltd. (Scrip Code: 511038) will be included under the 'X' group with effect from March 02, 2026.

Summary

BSE has issued Notice No. 20260223-13 informing trading members that the equity shares of Arco Leasing Ltd. (Scrip Code: 511038) will be moved into the ‘X’ group with effect from March 02, 2026. This change in scrip grouping alters the trading and settlement conditions applicable to this security.

Key Points

  • Arco Leasing Ltd. (Scrip Code: 511038) is being shifted to the ‘X’ group on BSE.
  • The change is effective from March 02, 2026.
  • The ‘X’ group typically denotes securities placed under enhanced surveillance or demat-only trading conditions on BSE.
  • Trading members are advised to update their systems and client communications accordingly.
  • Contact person for clarifications: Mrs. Kinjal More, Cell: +91-7304278788.

Regulatory Changes

The scrip is being re-categorised from its current group to the ‘X’ group on the BSE equity segment. The ‘X’ group classification on BSE imposes specific trading restrictions, including potential trade-to-trade settlement requirements, meaning trades may not be eligible for intra-day netting and require compulsory delivery.

Compliance Requirements

  • Trading members must ensure their trading terminals and back-office systems reflect the new ‘X’ group classification for Scrip Code 511038 before market open on March 02, 2026.
  • Members should notify clients who hold or intend to trade in Arco Leasing Ltd. shares about the change in trading conditions.
  • Any open positions or pending orders should be reviewed in light of the updated group and associated settlement obligations.

Important Dates

  • Notice Date: February 23, 2026
  • Effective Date of Group Change: March 02, 2026

Impact Assessment

The migration to the ‘X’ group primarily affects traders and investors in Arco Leasing Ltd. (Scrip Code: 511038). Under ‘X’ group rules, each trade typically results in a compulsory delivery obligation, eliminating the possibility of intra-day square-offs. This increases the cost and risk for short-term traders and may reduce liquidity in the scrip. Long-term investors holding shares in demat form are less directly affected but should be aware of the changed trading environment. The overall market impact is limited given the company’s small-cap profile.

Impact Justification

Group migration to 'X' category on BSE alters trading conditions for Arco Leasing Ltd., requiring compulsory demat-mode delivery and affecting how trading members can handle positions; relevant primarily to participants holding or trading this scrip.