Description
Transfer of Encompass Design India Limited from trade for trade segment (ST) to rolling segment (SM) effective December 29, 2025.
Summary
NSE has announced the transfer of Encompass Design India Limited (Symbol: ENCOMPAS) from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) effective December 29, 2025. This follows the standard procedure for SME IPO listings as per SEBI guidelines.
Key Points
- Stock Symbol: ENCOMPAS
- Company Name: Encompass Design India Limited
- Transfer from Series ST (Trade for Trade) to Series SM (Rolling Segment)
- Change follows NSE Circular no. NSE/CML/71764 dated December 11, 2025
- Complies with SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
The security will move from trade for trade segment to normal rolling settlement, allowing for regular trading activities instead of compulsory delivery-based trading.
Compliance Requirements
No specific compliance actions required from members. The segment transfer will be implemented by the exchange.
Important Dates
- Circular Date: December 12, 2025
- Effective Date: December 29, 2025
Impact Assessment
Minimal market impact. This is a routine procedural change for SME IPO stocks transitioning from initial trade-for-trade segment to normal rolling settlement after listing. The change improves liquidity and trading flexibility for market participants.
Impact Justification
Routine administrative transfer from trade-for-trade to rolling segment for a single SME stock following standard IPO listing process