Description
MRIL securities to be transferred from trade for trade segment to rolling segment effective September 04, 2025.
Summary
NSE has announced the transfer of Mahendra Realtors & Infrastructure Limited (MRIL) securities from the trade for trade segment (series: ST) to the rolling segment (series: SM), effective September 04, 2025. This follows SEBI guidelines for SME IPO securities.
Key Points
- MRIL securities will move from trade for trade to rolling segment
- Change effective from September 04, 2025
- Follows previous circular NSE/CML/69727 dated August 19, 2025
- Action taken pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
Transfer from trade for trade segment (series: ST) to rolling segment (series: SM) for MRIL securities as per SEBI guidelines for SME IPO securities.
Compliance Requirements
All NSE members must note the segment change and adjust their trading systems accordingly for MRIL securities.
Important Dates
- September 04, 2025: Effective date for segment transfer
Impact Assessment
The segment transfer will change the trading mechanism for MRIL from trade for trade to rolling settlement, providing increased liquidity and standard settlement cycles for investors.
Impact Justification
Segment transfer affects trading mechanism for MRIL but is routine post-IPO procedure