Description
Suba Hotels Limited to be transferred from trade for trade segment (series: ST) to rolling segment (series: SM) effective October 23, 2025.
Summary
NSE has announced the transfer of Suba Hotels Limited from the trade for trade segment (series: ST) to the rolling segment (series: SM), effective October 23, 2025. This follows the company’s SME IPO listing and is in accordance with SEBI guidelines circular CIR/MRD/DP/02/2012 dated January 20, 2012.
Key Points
- Security Symbol: SUBAHOTELS
- Company Name: Suba Hotels Limited
- Current Segment: Trade for Trade (Series: ST)
- New Segment: Rolling Segment (Series: SM)
- Effective Date: October 23, 2025
- Reference: Prior circular NSE/CML/70645 dated October 06, 2025
Regulatory Changes
The security will move from trade-for-trade settlement (which requires compulsory delivery) to rolling settlement, allowing normal intraday trading and T+1 settlement cycle as per standard market practices.
Compliance Requirements
Members should:
- Update their systems to reflect the segment change from ST to SM series
- Ensure trading terminals are configured for rolling segment trading in SUBAHOTELS
- Inform clients about the change in trading mechanism
Important Dates
- Circular Date: October 07, 2025
- Effective Date: October 23, 2025
Impact Assessment
This transition will improve liquidity and trading flexibility for Suba Hotels Limited shares by removing trade-for-trade restrictions. Investors will be able to conduct intraday trading and the stock will follow standard T+1 settlement cycles, making it more accessible to retail and institutional traders on the SME platform.
Impact Justification
Routine segment transition for SME IPO from restrictive trade-for-trade to normal rolling settlement, enabling regular trading for market participants