Description
Classic Electrodes (India) Limited will be transferred from trade for trade segment to rolling segment effective September 15, 2025.
Summary
Classic Electrodes (India) Limited (Symbol: CLASSICEIL) will be transferred from the trade for trade segment (series: ST) to the rolling segment (Series: SM) effective September 15, 2025, following SEBI guidelines.
Key Points
- Transfer from trade for trade segment (ST) to rolling segment (SM)
- Effective date: September 15, 2025
- Company: Classic Electrodes (India) Limited
- Symbol: CLASSICEIL
- References prior circular NSE/CML/69911 dated August 29, 2025
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 segment change and adjust their trading systems accordingly for the new series designation.
Important Dates
- September 15, 2025: Effective date for segment transfer
Impact Assessment
Minimal market impact as this is a routine administrative transfer for a single SME stock, allowing for improved liquidity and trading flexibility.
Impact Justification
Routine segment transfer for a single SME stock with minimal market impact