Description

Shankara Buildpro Limited to be transferred from trade for trade segment (BE series) to rolling segment (EQ series) effective January 23, 2026.

Summary

National Stock Exchange has announced that Shankara Buildpro Limited (Symbol: BUILDPRO) will be transferred from the trade for trade segment (Series: BE) to the rolling segment (Series: EQ) effective January 23, 2026. This follows Exchange Circular no. NSE/CML/72191 dated January 07, 2026 and is in accordance with SEBI guidelines (circular reference no. CIR/MRD/DP/02/2012 dated January 20, 2012).

Key Points

  • Shankara Buildpro Limited (BUILDPRO) to move from BE series to EQ series
  • Transfer from trade for trade segment to rolling segment
  • Change effective from January 23, 2026
  • Action taken pursuant to SEBI guidelines from January 2012
  • Follows previous circular NSE/CML/72191 dated January 07, 2026

Regulatory Changes

The security will transition from trade-for-trade settlement (BE series) to normal rolling settlement (EQ series). Trade-for-trade is a restrictive segment where intraday trading is not permitted and delivery is compulsory. Moving to rolling segment allows normal trading with T+1 settlement and intraday trading capabilities.

Compliance Requirements

  • All trading members must note the segment change for BUILDPRO
  • Update trading systems to reflect the new series classification (EQ) from January 23, 2026
  • Ensure clients are informed of the change in trading segment and its implications

Important Dates

  • Circular Date: January 09, 2026
  • Effective Date: January 23, 2026 - Shankara Buildpro Limited transfers to rolling segment (EQ series)
  • Reference Circular: NSE/CML/72191 dated January 07, 2026

Impact Assessment

Positive Impact: The move from trade-for-trade to rolling segment is generally favorable for the stock as it:

  • Increases liquidity by allowing intraday trading
  • Removes compulsory delivery requirement
  • Provides more trading flexibility to market participants
  • Indicates improved compliance or normalized trading patterns

Trading Impact: Traders and investors in BUILDPRO will have greater flexibility in their trading strategies from January 23, 2026 onwards, with the ability to conduct intraday trades and benefit from standard T+1 settlement cycles.

Impact Justification

Routine segment transfer from restrictive trade-for-trade to normal rolling segment, impacting liquidity and trading flexibility for one specific stock