Description
BSE notifies transfer of Prima Plastics Ltd (Scrip Code: 530589) from 'XT' group to 'X' group for equity trading, effective May 4, 2026.
Summary
BSE has notified trading members that Prima Plastics Ltd (Scrip Code: 530589) will be transferred from the ‘XT’ group to the ‘X’ group for equity trading, effective May 4, 2026. This notice (No. 20260417-9) is a continuation of earlier notices dated April 13 and April 16, 2026.
Key Points
- Prima Plastics Ltd (Scrip Code: 530589) will move from ‘XT’ group to ‘X’ group.
- Trading in equity shares will be permitted under the ‘X’ group from May 4, 2026.
- This is a continuation of Exchange Notices 20260413-53 and 20260416-13.
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance & Operations.
Regulatory Changes
The scrip is being reclassified from the ‘XT’ group (trade-to-trade settlement with periodic call auction) to the ‘X’ group (trade-to-trade settlement segment) as per BSE’s group classification framework.
Compliance Requirements
Trading members of the Exchange are requested to take note of the group change and update their systems accordingly to reflect the new group classification for Prima Plastics Ltd from the effective date.
Important Dates
- April 13, 2026: Initial notice (20260413-53) issued.
- April 16, 2026: Follow-up notice (20260416-13) issued.
- April 17, 2026: Current notice (20260417-9) issued.
- May 4, 2026: Effective date of transfer from ‘XT’ group to ‘X’ group.
Impact Assessment
The reclassification from ‘XT’ to ‘X’ group means Prima Plastics Ltd will continue under trade-to-trade settlement but may face changed liquidity and trading conditions. Investors and traders holding or dealing in this scrip should be aware of the group change as it may affect margin requirements and trading mechanisms from May 4, 2026.
Impact Justification
Group reclassification from XT to X affects trading conditions and eligibility for Prima Plastics Ltd; relevant to existing holders and traders but limited to a single scrip.