Description

NSE announces transfer of trading in securities of Asian Hotels (West) Limited (Symbol: AHLWEST) from BE series to EQ series, effective April 09, 2026.

Summary

NSE has announced the transfer of trading in securities of Asian Hotels (West) Limited (Symbol: AHLWEST) from the BE (trade-for-trade) series to the EQ (normal rolling settlement) series, effective April 09, 2026. This is pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (originally issued July 11, 2023, last updated January 30, 2026).

Key Points

  • AHLWEST will move from BE series to EQ series on NSE
  • The change is effective from April 09, 2026
  • Circular reference: NSE/CML/73635, Circular Ref. No. 0583/2026
  • Issued under authority of SEBI Master Circular on surveillance measures

Regulatory Changes

The transfer is made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (erstwhile SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020). Moving from BE to EQ series implies the stock is being removed from trade-for-trade settlement and restored to normal rolling settlement.

Compliance Requirements

  • NSE members are informed and must update their systems to reflect the series change for AHLWEST from April 09, 2026
  • Brokers and trading members should ensure client communications regarding the change in settlement type

Important Dates

  • Circular Date: April 07, 2026
  • Effective Date: April 09, 2026

Impact Assessment

Moving AHLWEST from BE (trade-for-trade) to EQ (normal rolling settlement) is a positive development for the stock. In the BE series, each trade must result in delivery (no netting/squaring off intraday), which restricts liquidity. The transfer to EQ series restores normal trading mechanics, potentially increasing liquidity and participation in the scrip. Traders and investors holding or monitoring AHLWEST should note the change in settlement obligations from April 09, 2026.

Impact Justification

Routine series transfer from BE (trade-for-trade) to EQ (normal rolling settlement) for a single stock; operationally significant for traders holding AHLWEST as it changes settlement and trading mechanics.