Description
NSE revises market lot for GLOBE INTL CARRIERS LTD (GICL) from 6000 to 3000 shares effective October 31, 2025, partially modifying earlier circular.
Summary
NSE has revised the market lot for GLOBE INTL CARRIERS LTD (GICL) trading on the SME platform from 6000 shares to 3000 shares, effective October 31, 2025. This is a partial modification to the earlier circular NSE/CMTR/70552 dated September 30, 2025, and follows the previous adjustment made via circular NSE/CMTR/70599 dated October 03, 2025 which had increased the lot size from 1500 to 6000 shares.
Key Points
- Market lot for GICL revised from 6000 to 3000 shares
- Effective date: October 31, 2025
- Partial modification to circular NSE/CMTR/70552 dated September 30, 2025
- Previous market lot history: 1500 → 6000 (Oct 15, 2025) → 3000 (Oct 31, 2025)
- Members must load updated security files before trading on the effective date
Regulatory Changes
This circular implements standardized lot size provisions under SEBI circular no CIR/MRD/DSA/06/2012 dated February 21, 2012, which governs standardized lot sizes for SME Exchange/Platform securities. The revision brings the market lot to 3000 shares from the previously revised 6000 shares.
Compliance Requirements
- Trading members must load updated security.gz/nnf_security.gz/MII - Security File.gz files in their trading applications before October 31, 2025
- Files are available from the directory common/NTNEAT on the Extranet server
- MII - Security File.gz is also accessible on NSE website at https://www.nseindia.com/all-reports
Important Dates
- Circular Date: October 30, 2025
- Effective Date: October 31, 2025
- Previous Revision: October 15, 2025 (market lot changed from 1500 to 6000)
Impact Assessment
The impact is limited to traders and investors of GLOBE INTL CARRIERS LTD on the SME platform. The reduction in market lot from 6000 to 3000 shares will:
- Lower the minimum investment required per transaction
- Improve accessibility for retail investors
- Enhance liquidity by allowing smaller order sizes
- Require system updates by trading members before the effective date
The change affects only one security and has minimal broader market impact.
Impact Justification
Affects only one SME stock with market lot revision; limited impact to broader market participants