Description
NSE shifts ORTIN GLOBAL LIMITED to Trade for Trade segment with 5% price band from August 07, 2025, while continuing surveillance on four existing securities.
Summary
NSE has implemented surveillance measures by moving ORTIN GLOBAL LIMITED from rolling segment to Trade for Trade segment with a 5% price band, effective August 07, 2025. Additionally, four securities will continue in Trade for Trade segment under ongoing surveillance review.
Key Points
- ORTIN GLOBAL LIMITED (ORTINGLOBE) moved from EQ series to BE series with 5% price band
- Movement based on Price Earnings Multiple, Price Variation & Market Capitalization criteria
- Four securities continue in Trade for Trade segment: CURAA, EQUIPPP, LAKPRE, TIMESGTY
- No SME securities affected in current review
- Settlement will be on trade-to-trade basis with no netting off allowed
Regulatory Changes
- Securities in Trade for Trade segment will not be available in rolling segment
- Price band restriction of 5% or lower applies
- Settlement mechanism changes from rolling to trade-for-trade basis
- Trading series changes: EQ to BE for main board securities
Compliance Requirements
- Members must take adequate precaution while trading affected securities
- No netting off allowed for settlement
- Members should refer to NSE website for criteria on securities movement
- Queries to be directed to surveillance@nse.co.in
Important Dates
- Effective Date: August 07, 2025 (Thursday)
- Circular Date: August 04, 2025
Impact Assessment
- Liquidity Impact: Reduced liquidity for affected securities due to trade-for-trade settlement
- Trading Impact: Limited price movement due to 5% price band restriction
- Investor Impact: Enhanced protection through surveillance measures but reduced trading flexibility
- Market Safety: Improved market integrity through enhanced surveillance on volatile securities
Impact Justification
Affects trading mechanism for multiple securities, restricting liquidity through trade-for-trade settlement