Description
DALMIASUG will be available for trading in Trade for Trade segment (Series: BE) with effect from October 31, 2025, and will be part of call auction in pre-open session.
Summary
Pursuant to a Scheme of Arrangement, Dalmia Bharat Sugar and Industries Limited (DALMIASUG) will be moved to the Trade for Trade (T+T) segment under Series BE, effective October 31, 2025. The stock will also participate in the call auction during the pre-open session as per SEBI regulations.
Key Points
- DALMIASUG will trade in Trade for Trade segment (Series: BE)
- Change is pursuant to a Scheme of Arrangement
- Stock will be part of call auction in pre-open session
- Complies with SEBI Circular No. CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
The trading mechanism for DALMIASUG changes from regular segment to Trade for Trade (T+T) segment. In T+T segment, all trades must result in compulsory delivery, with no intraday squaring off permitted. The stock will participate in call auction during pre-open session as mandated by SEBI guidelines.
Compliance Requirements
- Members must ensure all trades in DALMIASUG result in delivery
- No intraday trading or squaring off positions allowed
- Trades will be settled on T+T basis
- Participation in pre-open call auction session mandatory
Important Dates
- Effective Date: October 31, 2025 (Friday) - DALMIASUG begins trading in Trade for Trade segment
Impact Assessment
The shift to Trade for Trade segment will significantly impact trading dynamics for DALMIASUG. Liquidity may be reduced as intraday trading is not permitted, and all positions must be taken for delivery. This measure typically indicates corporate restructuring or regulatory concerns. Investors should be aware of the compulsory delivery requirement and call auction mechanism, which may affect price discovery and execution.
Impact Justification
Movement to Trade for Trade segment affects trading mechanism and liquidity for DALMIASUG shareholders, requiring T+T settlement and participation in call auction