Description

BSE notifies that six securities are eligible to move out of the trade-for-trade (T2T) category, effective in continuation of notice 20260514-45 dated May 14, 2026.

Summary

BSE, through Notice No. 20260518-37 dated May 18, 2026, informs trading members that six securities are now eligible to move out of the Trade-to-Trade (T2T) segment. This is issued in continuation of Exchange notice no. 20260514-45 dated May 14, 2026. The reclassification allows these scrips to transition to their respective new groups, restoring normal trading conditions including intraday trading.

Key Points

  • Six securities are eligible to exit the trade-for-trade category
  • Continuation of earlier notice 20260514-45 (May 14, 2026)
  • Issued by BSE Surveillance department (DOSS)
  • Scrips move from T2T-type groups (MT, XT, T) to normal groups (M, X, B)
  • No attachment included with the notice

Regulatory Changes

The following scrips are reclassified out of the trade-for-trade segment:

Scrip CodeISINScrip NameFrom GroupTo Group
544425INE0XRR01010AJC Jewel Manufacturers LtdMTM
534422INE204N01013Looks Health Services LtdXTX
533167INE312J01012Coromandel Engineering Company LtdXTX
521246INE162C01024Paras Petrofils LtdTB
514400INE340D01016Garware Synthetics LtdXTX
500389INE368A01021Silverline Technologies LtdXTX

Compliance Requirements

  • Trading members are requested to note the revised segment classification for the above securities
  • Orders and settlements for these scrips should follow the rules applicable to their new groups (M, X, B) from the effective date
  • No action required beyond awareness and system updates for trading

Important Dates

  • Notice Date: May 18, 2026
  • Reference Notice: 20260514-45 dated May 14, 2026
  • Effective date of reclassification: As communicated per the continuation notice; trading members should verify the exact applicable trading date

Impact Assessment

Moving these scrips out of the T2T segment restores intraday trading and normal settlement for the six listed securities. Investors and traders previously restricted to delivery-based trades in these scrips will regain the ability to square off positions within the same trading session. The change is positive for liquidity in these counters. Impact is moderate and security-specific, with no broader market implications. The scrips span small/micro-cap segments (Groups M, X, B), so the impact is confined to retail and niche investor activity in these stocks.

Impact Justification

Routine surveillance-driven reclassification affecting six scrips moving out of trade-for-trade restrictions; directly impacts intraday trading eligibility for these securities but is limited in broader market scope.