Description

DALMIASUG to be transferred from trade for trade segment (series: BE) to rolling segment (series: EQ) effective November 17, 2025.

Summary

NSE has announced that Dalmia Bharat Sugar and Industries Limited (DALMIASUG) will be transferred from the trade for trade segment (series: BE) to the rolling segment (series: EQ) effective November 17, 2025 (Monday). This follows an earlier circular dated October 29, 2025, and is in accordance with SEBI guidelines.

Key Points

  • DALMIASUG currently trading in trade for trade segment (series: BE)
  • Stock will be moved to rolling segment (series: EQ)
  • Transfer effective from November 17, 2025 (Monday)
  • Action taken pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
  • Follows previous NSE circular NSE/CML/71005 dated October 29, 2025

Regulatory Changes

The trading segment classification for DALMIASUG changes from trade for trade basis to rolling settlement basis. Trade for trade segment (BE series) typically applies to securities with surveillance concerns or abnormal price movements, while rolling segment (EQ series) represents normal trading with standard settlement cycles.

Compliance Requirements

  • All members must note the segment transfer for DALMIASUG
  • Trading systems should be updated to reflect the new series classification from November 17, 2025
  • Members should inform their clients about the change in trading segment

Important Dates

  • Circular Date: November 14, 2025
  • Effective Date: November 17, 2025 (Monday)
  • Reference Circular Date: October 29, 2025 (NSE/CML/71005)

Impact Assessment

The transfer from trade for trade segment to rolling segment is generally positive for the stock as it:

  • Removes trading restrictions associated with BE series
  • Improves liquidity by allowing intraday trading
  • Enables margin trading and derivatives participation where applicable
  • Indicates NSE’s assessment that previous surveillance concerns have been addressed
  • May attract more institutional and retail participation due to normal settlement mechanism

Impact Justification

Segment transfer affects trading mechanism for DALMIASUG stock, returning it to normal rolling settlement from restrictive trade-for-trade basis, improving liquidity and trading flexibility