Description
NSE circular announcing transfer of SELLOWRAP from trade for trade segment to rolling segment effective August 18, 2025.
Summary
NSE has announced the transfer of Sellowrap Industries Limited (SELLOWRAP) from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) effective August 18, 2025. This follows previous circular NSE/CML/69425 dated July 31, 2025 and is pursuant to SEBI guidelines.
Key Points
- Security: Sellowrap Industries Limited (Symbol: SELLOWRAP)
- Transfer from trade for trade segment (Series: ST) to rolling segment (Series: SM)
- Change effective from August 18, 2025
- Related to SME IPO
- Follows SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
The security will move from trade for trade mechanism where transactions require full payment/delivery on T+0 basis to rolling settlement where standard T+1 settlement cycle applies.
Compliance Requirements
Members need to adjust their trading systems and processes to accommodate the segment change for SELLOWRAP effective August 18, 2025.
Important Dates
- Circular Date: August 01, 2025
- Effective Date: August 18, 2025
- Reference Circular: NSE/CML/69425 dated July 31, 2025
Impact Assessment
The transfer to rolling segment will provide more liquidity and flexibility for trading in SELLOWRAP shares, moving away from the restrictive trade for trade mechanism typically used for securities with concerns about price manipulation or settlement issues.
Impact Justification
Segment transfer affects trading mechanism for one SME stock, moderate impact on specific security