Description
Transfer of Shivashrit Foods Limited securities from trade for trade segment to rolling segment effective September 15, 2025.
Summary
NSE has announced the transfer of Shivashrit Foods Limited securities from the trade for trade segment (series: ST) to the rolling segment (series: SM) effective September 15, 2025. This follows SEBI guidelines for SME IPO securities transitioning from restrictive trading to normal rolling settlement.
Key Points
- Security Symbol: SHIVASHRIT
- Company Name: Shivashrit Foods Limited
- Current Segment: Trade for Trade (Series: ST)
- New Segment: Rolling Segment (Series: SM)
- Effective Date: September 15, 2025
Regulatory Changes
Transition from trade for trade segment to rolling segment as per SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012, which governs the trading mechanism for SME IPO securities.
Compliance Requirements
Members should note the segment change and adjust their trading systems accordingly. No specific compliance actions required beyond normal trading procedures.
Important Dates
- September 15, 2025: Effective date for segment transfer from ST to SM series
Impact Assessment
The transfer to rolling segment will provide increased liquidity and normal T+1 settlement cycle for SHIVASHRIT securities, making it more accessible for regular trading compared to the restrictive trade for trade mechanism.
Impact Justification
Segment transfer affects trading mechanism for the security but is routine post-IPO procedure