Description
NSE announces transfer of Manas Polymers and Energies Limited from trade-for-trade segment (ST) to rolling segment (SM) effective October 20, 2025.
Summary
National Stock Exchange has announced that Manas Polymers and Energies Limited (Symbol: MPEL) will be transferred from the trade-for-trade segment (Series: ST) to the rolling segment (Series: SM) effective October 20, 2025. This follows the company’s SME IPO and is in accordance with SEBI guidelines.
Key Points
- Company: Manas Polymers and Energies Limited
- Stock Symbol: MPEL
- Current Segment: Trade for Trade (Series: ST)
- New Segment: Rolling Segment (Series: SM)
- Effective Date: October 20, 2025
- Follows Exchange Circular NSE/CML/70601 dated October 03, 2025
- Pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
Transition from trade-for-trade settlement to normal rolling settlement for MPEL. Trade-for-trade segment requires compulsory delivery of shares and is typically used for newly listed securities or securities under surveillance. Rolling segment allows normal T+1 settlement.
Compliance Requirements
No specific compliance requirements for members. This is a notification of segment change that will be implemented by the exchange.
Important Dates
- October 06, 2025: Circular issued
- October 20, 2025: Effective date of segment transfer
Impact Assessment
Low impact. This is a standard post-IPO transition for an SME stock moving from restricted trade-for-trade settlement to normal rolling settlement. Will improve liquidity and ease of trading for MPEL. Affects only this single security and represents normal progression for newly listed SME companies.
Impact Justification
Routine segment transfer for single SME stock post-IPO, affects only MPEL trading mechanism