Description
SKF India Limited (SKFINDIA) to be transferred from trade for trade segment (series: BE) to rolling segment (series: EQ) effective October 31, 2025.
Summary
National Stock Exchange of India has issued a circular regarding the transfer of SKF India Limited (SKFINDIA) from the trade for trade segment (series: BE) to the rolling segment (series: EQ). This change will be effective from October 31, 2025 (Friday), following earlier circular NSE/CML/70728 dated October 09, 2025, and is in compliance with SEBI guidelines (CIR/MRD/DP/02/2012 dated January 20, 2012).
Key Points
- SKFINDIA to be transferred from trade for trade segment (series: BE) to rolling segment (series: EQ)
- Change effective from October 31, 2025 (Friday)
- Action taken pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
- Follows previous circular NSE/CML/70728 dated October 09, 2025
- Circular reference number: 2102/2025
- Department: Listing
Regulatory Changes
The trading mode for SKF India Limited is being changed from trade for trade basis to normal rolling settlement. In trade for trade segment, all trades must result in delivery (no intraday trading), while rolling segment allows normal trading with T+2 settlement cycle and intraday trading capabilities.
Compliance Requirements
- Members to note the change in trading segment for SKFINDIA
- Trading terminals and systems to be updated to reflect the segment change
- Compliance with SEBI guidelines under circular CIR/MRD/DP/02/2012
Important Dates
- Circular Date: October 29, 2025
- Effective Date: October 31, 2025 (Friday) - SKFINDIA transfers to rolling segment (series: EQ)
- Reference Circular Date: October 09, 2025 (NSE/CML/70728)
Impact Assessment
Market Impact: Medium - The transfer from trade for trade to rolling segment will enhance liquidity and trading flexibility for SKFINDIA. This change allows for intraday trading and normal settlement cycles, potentially increasing trading volumes and market participation.
Operational Impact: Market participants and brokers will need to update their systems and inform clients about the change in trading mode. The stock will be available for regular trading practices including intraday positions, which were previously restricted under the trade for trade segment.
Investor Impact: Positive for investors as the rolling segment provides more trading flexibility compared to the restrictive trade for trade segment where all transactions must result in delivery.
Impact Justification
Transfer from trade-for-trade to rolling segment improves liquidity and trading flexibility for SKFINDIA, affecting trading operations for market participants dealing with this stock.