Description
Armour Security (India) Limited will be transferred from trade for trade segment (ST series) to rolling segment (SM series) effective February 05, 2026.
Summary
NSE has announced the transfer of Armour Security (India) Limited from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) effective February 05, 2026. This follows the earlier circular NSE/CML/72428 dated January 21, 2026, and is in accordance with SEBI guidelines (CIR/MRD/DP/02/2012 dated January 20, 2012).
Key Points
- Symbol: ARMOUR
- Company: Armour Security (India) Limited
- Transfer from Series ST (Trade for Trade) to Series SM (Rolling Segment)
- This is part of the standard post-SME IPO listing process
- Circular Reference: NSE/CML/72440 (0116/2026)
Regulatory Changes
The security will move from a restrictive trade-for-trade settlement mechanism to normal rolling settlement, allowing for regular trading and settlement cycles as per standard market practices.
Compliance Requirements
No specific compliance actions required from market participants. The segment transfer will be implemented by the exchange automatically.
Important Dates
- Circular Date: January 22, 2026
- Effective Date: February 05, 2026
Impact Assessment
Trading Impact: Medium - The transfer to rolling segment will improve liquidity and ease of trading for ARMOUR shares. Trade-for-trade segment requires compulsory delivery and restricts intraday trading, while rolling segment allows normal trading with T+1 settlement. This is a positive development for investors and traders in the stock.
Market Participants: Brokers and traders can conduct normal intraday and delivery-based trades in ARMOUR from February 05, 2026, subject to standard margin requirements.
Impact Justification
Routine post-IPO segment transfer for SME stock from restrictive trade-for-trade to normal rolling settlement, enabling regular trading