Description

Four newly listed companies are being added to BSE indices: SHREE RAM TWISTEX LIMITED and CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED to BSE IPO index effective March 05, 2026, and ACCORD TRANSFORMER & SWITCHGEAR LIMITED and KIAASA RETAIL LIMITED to BSE SME IPO index effective March 04, 2026.

Summary

BSE Index Services Private Limited has announced the addition of four newly listed companies to BSE indices effective early March 2026. Two companies join the main BSE IPO index and two join the BSE SME IPO index, following their respective listings on BSE and BSE SME platform on March 02, 2026.

Key Points

  • SHREE RAM TWISTEX LIMITED (Exchange ticker: 544716) listed on BSE effective March 02, 2026; added to BSE IPO index effective March 05, 2026
  • CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED (Exchange ticker: 544717) listed on BSE effective March 02, 2026; added to BSE IPO index effective March 05, 2026
  • ACCORD TRANSFORMER & SWITCHGEAR LIMITED (Exchange ticker: 544710) listed on BSE SME platform effective March 02, 2026; added to BSE SME IPO index effective March 04, 2026
  • KIAASA RETAIL LIMITED (Exchange ticker: 544711) listed on BSE SME platform effective March 02, 2026; added to BSE SME IPO index effective March 04, 2026
  • Corporate action details included in the end-of-day corporate action file (*.SDE) on March 02, 2026

Regulatory Changes

No new regulatory changes introduced. This is a standard index rebalancing action triggered by new listings on BSE and BSE SME platforms in accordance with existing BSE index methodology.

Compliance Requirements

  • Index-tracking funds, ETFs, and portfolio managers benchmarked to BSE IPO or BSE SME IPO indices should review their portfolios for rebalancing ahead of the effective dates
  • Clients with queries may contact BSE Index Services at bseindex@bseindia.com

Important Dates

  • March 02, 2026: Listing of all four companies on BSE / BSE SME platform
  • March 04, 2026 (market open): ACCORD TRANSFORMER & SWITCHGEAR LIMITED and KIAASA RETAIL LIMITED added to BSE SME IPO index
  • March 05, 2026 (market open): SHREE RAM TWISTEX LIMITED and CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED added to BSE IPO index

Impact Assessment

The additions affect index-tracking products benchmarked against the BSE IPO and BSE SME IPO indices. The impact is limited in scope given the small-cap and SME nature of the companies. Passive fund managers tracking these indices will need to include these four stocks at the open of their respective effective dates. No impact on broader market indices such as SENSEX or BSE 500.

Impact Justification

Routine index inclusion of newly listed stocks; affects index-tracking funds and ETFs but limited to four SME/IPO-stage companies with no broader market disruption.