Description

Victory Electric Vehicles International Limited will be transferred from trade for trade segment (ST) to rolling segment (SM) effective January 30, 2026.

Summary

The National Stock Exchange has announced that Victory Electric Vehicles International Limited (Symbol: VICTORYEV) will be transferred from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) effective January 30, 2026. This follows Exchange Circular NSE/CML/72292 dated January 13, 2026, and is in accordance with SEBI guidelines (CIR/MRD/DP/02/2012 dated January 20, 2012).

Key Points

  • Security Symbol: VICTORYEV (Victory Electric Vehicles International Limited)
  • Transfer from trade for trade segment (Series: ST) to rolling segment (Series: SM)
  • Effective date: January 30, 2026
  • This follows the company’s SME IPO listing
  • Pursuant to SEBI guidelines circular CIR/MRD/DP/02/2012 dated January 20, 2012

Regulatory Changes

The security will move from:

  • Current Status: Trade for Trade segment (Series: ST) - where securities can only be traded for delivery and squared off positions are not allowed
  • New Status: Rolling segment (Series: SM) - normal trading segment for SME securities allowing regular trading activity

Compliance Requirements

  • Trading members should note the segment change for VICTORYEV
  • All trading in VICTORYEV will be in the rolling segment (SM series) from January 30, 2026
  • Members must update their systems and inform clients about the segment transfer

Important Dates

  • Circular Date: January 14, 2026
  • Effective Date: January 30, 2026
  • Reference Circular: NSE/CML/72292 dated January 13, 2026

Impact Assessment

This is a routine procedural change for an SME IPO stock transitioning to normal trading operations. The transfer to rolling segment will allow regular trading activity including intraday trading, which was restricted in the trade-for-trade segment. Impact is limited to trading members and investors holding or trading VICTORYEV stock. This represents a positive development as it indicates the stock is moving to standard trading conditions post-IPO.

Impact Justification

Routine segment transfer for a single SME stock from trade-for-trade to rolling segment, following standard post-IPO procedures.