Description
Connplex Cinemas Limited to be transferred from trade for trade segment to rolling segment effective September 1, 2025.
Summary
NSE announces the transfer of Connplex Cinemas Limited from the trade for trade segment (series: ST) to the rolling segment (series: SM) effective September 1, 2025. This follows SEBI guidelines and is part of the routine post-IPO process for SME listings.
Key Points
- Connplex Cinemas Limited (Symbol: CONNPLEX) will move from trade for trade to rolling segment
- Transfer effective from September 1, 2025
- Change from series ST to series SM
- Decision based on SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
- Follows previous exchange circular NSE/CML/69650 dated August 13, 2025
Regulatory Changes
The security will transition from trade for trade mechanism where each transaction requires separate settlement to rolling settlement where trades can be netted and settled on T+1 basis.
Compliance Requirements
Members should note the change in trading segment and series code for CONNPLEX effective September 1, 2025.
Important Dates
- Effective Date: September 1, 2025 - Transfer from trade for trade (ST) to rolling segment (SM)
Impact Assessment
This change will improve liquidity and trading efficiency for CONNPLEX by allowing normal rolling settlement instead of requiring separate settlement for each trade. This is a positive development for market participants trading in this SME stock.
Impact Justification
Segment transfer affects trading mechanism for CONNPLEX but is routine post-IPO transition