Description
Insolation Energy Limited (Symbol: INA) will migrate from the SME Platform of BSE to the Capital Market Segment (Main Board) of NSE with effect from March 09, 2026. Trading will be in the Normal Market segment under Rolling Settlement in compulsory demat.
Summary
Insolation Energy Limited is migrating from the SME Platform of BSE to the Capital Market Segment (Main Board) of the National Stock Exchange of India Limited. The migration is effective from March 09, 2026, under NSE symbol INA (ISIN: INE0LGX01024). The equity shares will trade in the Normal Market segment under Rolling Settlement in compulsory demat mode for all investors.
Key Points
- NSE symbol: INA; ISIN: INE0LGX01024
- Face value and paid-up value: Re. 1/- per share
- Total number of securities: 220,394,625 equity shares (distinctive numbers 1 to 220,394,625)
- Market lot size: 1 share
- Shares are Pari Passu; no lock-in applicable
- Trading series: EQ
- The company was previously listed on the SME Platform of BSE (Scrip code: 543620)
- Registrar: Bigshare Services Private Limited, Andheri East, Mumbai
Regulatory Changes
- Admitted to dealings on NSE Capital Market Segment under Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
- Lot size governed by Regulation 2.5.5 of the same regulations.
- Securities identifiable only by designated codes (INA) on the NSE trading system.
Compliance Requirements
- All trading members of NSE are notified to update their systems to recognize the new symbol INA for Insolation Energy Limited effective March 09, 2026.
- Trading must be conducted in compulsory demat mode for all investors.
- Market lot of 1 share applies for all trades.
Important Dates
- Circular Date: March 05, 2026
- Effective Date of Migration / Listing on NSE Main Board: March 09, 2026
- Shareholding Pattern Reference Date: February 27, 2026
Impact Assessment
The migration of Insolation Energy Limited from the BSE SME Platform to the NSE Main Board broadens its investor accessibility and improves liquidity by making it available to a larger pool of institutional and retail investors on NSE. The reduced lot size (1 share) facilitates easier participation. The company operates in the renewable energy sector (solar), and its graduation to the main board signals growth maturity. Existing SME-platform investors should note the change in trading venue and ensure demat holdings are properly reflected. No significant market-wide impact is expected.
Impact Justification
Migration of a single company from SME to Main Board is a significant event for the company and its investors, broadening its investor base and liquidity, but has limited market-wide impact.