Description
SVCM Securities Private Limited (Member Code 90216) is discontinuing as Market Maker for SUNREST LIFESCIENCE LIMITED on NSE SME segment, effective April 07, 2026.
Summary
NSE’s Capital Market Segment has announced the discontinuation of SVCM Securities Private Limited (Member Code 90216) as the Market Maker for SUNREST LIFESCIENCE LIMITED (Symbol: SUNREST) on the SME platform. The change takes effect from April 07, 2026.
Key Points
- SVCM Securities Private Limited (Member Code 90216) is the outgoing Market Maker for SUNREST LIFESCIENCE LIMITED
- The discontinuation is effective April 07, 2026
- The stock symbol affected is SUNREST on the NSE SME (Emerge) segment
- An updated list of Market Makers mapped to SME securities is available on the NSE website
Regulatory Changes
No new regulatory framework changes. This is an operational update under the existing NSE SME Market Maker program, reflecting the removal of a specific market maker for one SME-listed company.
Compliance Requirements
- All NSE members are advised to take note of this discontinuation
- Members dealing in SUNREST should refer to the updated Market Maker list on the NSE website for current market maker information
- Updated list available at: https://www.nseindia.com/static/products-services/emerge-sme-market-makers-list
Important Dates
- Circular Date: April 06, 2026
- Effective Date of Discontinuation: April 07, 2026
Impact Assessment
The discontinuation of SVCM Securities Private Limited as market maker for SUNREST LIFESCIENCE LIMITED may temporarily affect liquidity and bid-ask spreads for the stock on the NSE SME Emerge platform. Market participants trading in SUNREST should be aware of potential reduced liquidity from April 07, 2026 onwards, unless a new market maker is assigned. Members and investors in this SME stock should monitor the NSE’s updated market maker list for any replacement appointment.
Impact Justification
Affects liquidity provision for a specific SME stock; market maker discontinuation can impact trading activity for SUNREST but is limited in broader market scope.