Description
GENUSPOWER will move to Trade for Trade segment (Series: BE) with call auction in pre-open session effective February 06, 2026 pursuant to Scheme of Arrangement.
Summary
Genus Power Infrastructures Limited (GENUSPOWER) will be moved to the Trade for Trade segment (Series: BE) effective February 06, 2026, pursuant to a Scheme of Arrangement. The stock will also be part of the call auction mechanism during the pre-open session as per SEBI regulations.
Key Points
- GENUSPOWER to be available for trading in Trade for Trade segment (Series: BE)
- Change effective from February 06, 2026 (Friday)
- Stock will participate in call auction during pre-open session
- Action taken pursuant to Scheme of Arrangement
- Change implemented as per SEBI Circular No. CIR/MRD/DP/02/2012 dated January 20, 2012
Regulatory Changes
The stock transitions to Trade for Trade (T2T) segment, which means:
- No intraday trading allowed
- All transactions result in compulsory delivery
- Settlement occurs on a trade-for-trade basis
- Enhanced surveillance measure to curb excessive speculation
Compliance Requirements
- All members must ensure trades in GENUSPOWER are executed understanding T2T restrictions
- Traders cannot square off positions on the same day
- All buy transactions must result in delivery and credit to demat account
- All sell transactions must have securities available in demat account
- Participants must follow call auction procedures during pre-open session
Important Dates
- Circular Date: February 03, 2026
- Effective Date: February 06, 2026 (Friday)
Impact Assessment
Trading Impact: Movement to T2T segment significantly impacts trading patterns by eliminating intraday trading opportunities. This typically reduces liquidity and trading volumes as only delivery-based transactions are permitted.
Market Participants: Day traders and intraday speculators will be unable to trade this stock. Only investors willing to take delivery can participate.
Liquidity: Expected reduction in trading volumes and liquidity due to T2T restrictions and call auction mechanism.
Price Discovery: Call auction in pre-open session provides transparent price discovery mechanism and reduces volatility during market opening.
Reason: The change is pursuant to a Scheme of Arrangement, indicating corporate restructuring activities that warrant enhanced surveillance and delivery-based trading to ensure orderly market conditions.
Impact Justification
Movement to Trade for Trade segment significantly restricts trading by eliminating intraday positions and requiring compulsory delivery, impacting liquidity and trading strategy for GENUSPOWER stock.