Description

Clear Secured Services Limited to be transferred from trade for trade segment to rolling segment effective December 22, 2025.

Summary

NSE announces the transfer of Clear Secured Services Limited (Symbol: CSSL) from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) effective December 22, 2025. This follows the initial circular dated December 05, 2025 regarding the SME IPO and is issued pursuant to SEBI guidelines.

Key Points

  • Clear Secured Services Limited (CSSL) will move from trade for trade segment to rolling segment
  • Current series: ST (Trade for Trade)
  • New series: SM (Rolling Segment)
  • Effective date: December 22, 2025
  • This follows NSE Circular No. NSE/CML/71669 dated December 05, 2025

Regulatory Changes

The transfer is made pursuant to SEBI circular reference no. CIR/MRD/DP/02/2012 dated January 20, 2012, which provides guidelines for segment transfers.

Compliance Requirements

Members should note the segment change and adjust their trading operations accordingly for CSSL from December 22, 2025 onwards.

Important Dates

  • December 05, 2025: Initial circular issued (NSE/CML/71669)
  • December 08, 2025: Current circular issued
  • December 22, 2025: Effective date of segment transfer

Impact Assessment

Limited impact confined to Clear Secured Services Limited. The shift from trade-for-trade to rolling settlement allows for normal trading mechanisms and improved liquidity for this SME stock. This is a standard post-IPO transition for SME listings.

Impact Justification

Routine segment transfer for a single SME IPO stock from trade-for-trade to rolling settlement, limited impact to specific security