Description

BSE has notified that equity shares of Arco Leasing Ltd. (Scrip Code: 511038) will be moved to the 'X' group effective March 02, 2026. Trading members are advised to take note of this reclassification.

Summary

BSE has issued a notice informing trading members that the equity shares of Arco Leasing Ltd. (Scrip Code: 511038) will be reclassified and included under the ‘X’ group with effect from March 02, 2026. The ‘X’ group on BSE typically denotes companies that do not comply with certain listing requirements or are under surveillance.

Key Points

  • Arco Leasing Ltd. (Scrip Code: 511038) equity shares will be moved to the ‘X’ group on BSE.
  • The reclassification is effective from March 02, 2026.
  • Trading members dealing in this scrip should update their systems and inform clients accordingly.
  • Contact person for clarifications: Mrs. Kinjal More, Deputy Manager, Listing Compliance (Cell: +91-7304278788).

Regulatory Changes

The equity shares of Arco Leasing Ltd. are being reclassified from their current group to the ‘X’ group on BSE. The ‘X’ group designation on BSE is generally applied to companies that are non-compliant with listing requirements or are subject to enhanced surveillance, restricting certain trading privileges.

Compliance Requirements

  • Trading members must update their records to reflect the ‘X’ group classification for Scrip Code 511038 effective March 02, 2026.
  • Members should communicate this change to their clients who hold or trade in Arco Leasing Ltd. shares.
  • Any clarifications regarding the notice should be directed to the designated contact at BSE Listing Compliance.

Important Dates

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

Impact Assessment

The reclassification of Arco Leasing Ltd. to the ‘X’ group may restrict trading activity in the scrip, as ‘X’ group stocks on BSE are typically subject to trade-to-trade settlement or other restrictions. This could reduce liquidity and affect investor sentiment for the stock. Existing holders should be aware of the changed settlement and trading conditions applicable from March 02, 2026.

Impact Justification

Reclassification to 'X' group affects trading conditions and visibility for Arco Leasing Ltd. shares, impacting investors and trading members dealing in this scrip, but is limited to a single company.