Description

Exim Routes Limited will be transferred from trade for trade segment (Series: ST) to rolling segment (Series: SM) effective January 05, 2026.

Summary

NSE has announced that Exim Routes Limited will be transferred from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) effective January 05, 2026. This is a follow-up to Exchange Circular NSE/CML/71887 dated December 18, 2025 and is in line with SEBI guidelines (CIR/MRD/DP/02/2012 dated January 20, 2012).

Key Points

  • Security Symbol: EXIMROUTES
  • Company Name: Exim Routes Limited
  • Current Segment: Trade for Trade (Series: ST)
  • New Segment: Rolling Segment (Series: SM)
  • Effective Date: January 05, 2026
  • Reference: Previous circular NSE/CML/71887 dated December 18, 2025
  • Regulatory Framework: SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012

Regulatory Changes

This transfer is pursuant to SEBI guidelines on post-IPO segment migration for SME securities. The trade for trade segment is a restrictive segment typically used for newly listed securities or those under surveillance, where intraday trading is not permitted. Migration to rolling segment allows normal trading with T+1 settlement.

Compliance Requirements

  • All members should note the segment change for EXIMROUTES
  • Trading members should update their systems to reflect the new series designation (SM instead of ST)
  • Investors can engage in normal rolling settlement trading from the effective date

Important Dates

  • December 18, 2025: Previous circular NSE/CML/71887 issued
  • December 19, 2025: Current circular issued
  • January 05, 2026: Effective date for segment transfer

Impact Assessment

The impact is minimal and positive for investors. The transfer from trade for trade to rolling segment provides:

  • Increased liquidity as intraday trading becomes permitted
  • Normal T+1 settlement cycle
  • Reduced trading restrictions
  • Enhanced market accessibility for the security

This is a standard post-IPO process for SME securities and indicates successful completion of the initial listing requirements.

Impact Justification

Routine post-IPO segment transfer for a single SME stock from restrictive trade-for-trade to normal rolling settlement