Description

Shankara Building Products Limited (SHANKARA) to be transferred from trade for trade segment (series: BE) to rolling segment (series: EQ) effective October 09, 2025.

Summary

NSE has announced that Shankara Building Products Limited (SHANKARA) will be transferred from the trade for trade segment (series: BE) to the rolling segment (series: EQ) effective October 09, 2025. This follows the previous circular NSE/CML/70275 dated September 18, 2025, and is in accordance with SEBI guidelines under circular CIR/MRD/DP/02/2012 dated January 20, 2012.

Key Points

  • SHANKARA to move from trade for trade segment (BE series) to rolling segment (EQ series)
  • Transfer effective from October 09, 2025 (Thursday)
  • Action taken pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
  • Follows earlier NSE circular NSE/CML/70275 dated September 18, 2025

Regulatory Changes

The segment transfer is executed in compliance with SEBI guidelines on trade for trade settlement, allowing the stock to move to normal rolling settlement from the more restrictive trade for trade mechanism.

Compliance Requirements

No specific compliance actions required from market participants. The segment change will be implemented automatically by the exchange.

Important Dates

  • Circular Date: October 08, 2025
  • Effective Date: October 09, 2025 (Thursday)
  • Reference Circular Date: September 18, 2025 (NSE/CML/70275)

Impact Assessment

The transfer from trade for trade segment to rolling segment is a positive development for SHANKARA stock. It indicates improved compliance and operational standards, allowing for:

  • Enhanced liquidity as the stock can now be traded with intraday settlement
  • Removal of restrictive delivery-only trading requirements
  • Better price discovery through normal market mechanisms
  • Increased participation from retail and institutional investors

This change typically occurs when a company demonstrates sustained compliance with listing requirements and regulatory norms.

Impact Justification

Segment transfer improves liquidity for SHANKARA stock, moving from restrictive trade-for-trade to normal rolling settlement, positively impacting trading flexibility for investors.