Description

BSE notifies trading members that Artemis Electricals and Projects Limited (Scrip Code: 542670) will undergo a group change from Group X to Group B effective March 12, 2026.

Summary

BSE has issued Notice No. 20260311-22 informing trading members that Artemis Electricals and Projects Limited (Scrip Code: 542670) will undergo a group change from Group X to Group B with effect from March 12, 2026.

Key Points

  • Artemis Electricals and Projects Limited (Scrip Code: 542670) is moving from Group X to Group B on BSE.
  • The group change is effective from March 12, 2026.
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance & Operations, BSE.

Regulatory Changes

The company’s classification on BSE will change from Group X (trade-to-trade settlement, typically for stocks under surveillance or non-compliant with listing norms) to Group B (normal rolling settlement group for companies with smaller market capitalisation or trading volume).

Compliance Requirements

  • Trading members must update their systems and records to reflect the new group classification for Artemis Electricals and Projects Limited (542670) effective March 12, 2026.
  • No specific action required from the company or investors, but brokers should be aware of the change in settlement and margin norms applicable to Group B securities.

Important Dates

  • Notice Date: March 11, 2026
  • Effective Date of Group Change: March 12, 2026

Impact Assessment

Moving from Group X to Group B is generally a positive development for the stock. Group X typically implies trade-to-trade settlement with stricter surveillance, higher margins, and no intraday trading. Transitioning to Group B allows normal rolling settlement, potentially improving liquidity and trader participation. Investors and traders holding or monitoring Artemis Electricals and Projects Limited should note the change in trading conditions from March 12, 2026.

Impact Justification

Group change affects trading eligibility, margin requirements, and investor categorisation for the stock; relevant to traders and investors holding or tracking Artemis Electricals and Projects Limited.