Description
Cash Ur Drive Marketing Limited to be transferred from trade for trade segment to rolling segment effective August 22, 2025.
Summary
NSE has announced that Cash Ur Drive Marketing Limited (Symbol: CUDML) will be transferred from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) with effect from August 22, 2025. This follows exchange circular NSE/CML/69531 dated August 06, 2025 and is in accordance with SEBI guidelines.
Key Points
- Stock Symbol: CUDML (Cash Ur Drive Marketing Limited)
- Transfer from trade for trade segment (Series: ST) to rolling segment (Series: SM)
- Effective date: August 22, 2025
- This is a follow-up to previous exchange circular NSE/CML/69531 dated August 06, 2025
- Action taken pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
The security will move from restricted trading (trade for trade) to normal rolling settlement, allowing for more flexible trading arrangements.
Compliance Requirements
Members should note the change in trading segment and adjust their systems accordingly for the new series designation.
Important Dates
- Circular Date: August 07, 2025
- Effective Date: August 22, 2025
Impact Assessment
This change will improve liquidity for CUDML by allowing it to trade in the rolling segment rather than the more restrictive trade for trade segment, benefiting investors through enhanced trading flexibility.
Impact Justification
Routine segment transfer for SME IPO stock affecting trading mechanism