Description

Gradiente Infotainment Limited (GRADIENTE) will be transferred from the Trade for Trade segment (Series: BE) to the Rolling segment (Series: EQ) effective May 22, 2026, pursuant to SEBI guidelines.

Summary

NSE has announced that Gradiente Infotainment Limited (Symbol: GRADIENTE) will be moved from the Trade for Trade segment (Series: BE) to the Rolling segment (Series: EQ) with effect from May 22, 2026. This follows Exchange Circular NSE/CML/74092 dated May 06, 2026 and is pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012.

Key Points

  • GRADIENTE shares currently trade in the Trade for Trade (BE) series
  • Effective May 22, 2026, trading will shift to the Rolling (EQ) series
  • This change is in line with SEBI’s guidelines on segment transfers
  • The circular is a follow-up to NSE/CML/74092 issued on May 06, 2026

Regulatory Changes

The transfer is governed by SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012, which lays down the criteria for moving securities between the Trade for Trade and Rolling segments. NSE is implementing this change in accordance with those guidelines.

Compliance Requirements

  • Exchange members must update their systems and order management workflows to reflect the series change from BE to EQ for GRADIENTE from May 22, 2026
  • Clients holding or trading GRADIENTE should be informed of the segment change and its implications for settlement

Important Dates

  • May 06, 2026: Prior circular NSE/CML/74092 issued regarding GRADIENTE’s Trade for Trade status
  • May 12, 2026: Current circular (NSE/CML/74162) issued
  • May 22, 2026: Effective date for transfer from BE (Trade for Trade) to EQ (Rolling) segment

Impact Assessment

The move from Trade for Trade (BE) to Rolling (EQ) segment is generally positive for market participants. In the BE series, each trade must result in delivery and netting of positions is not permitted, which limits trading flexibility. The shift to the EQ (Rolling) series allows intraday trading, netting of buy and sell positions, and greater liquidity. This change may attract more retail and institutional participation in GRADIENTE shares, potentially improving price discovery and trading volumes.

Impact Justification

Segment transfer from BE to EQ affects trading mechanics for GRADIENTE; traders must update strategies, but the move to rolling segment generally signals improved liquidity and fewer restrictions.