BSE Index Services Private Limited has announced the monthly reconstitution results for BSE Indices. Six stocks will be dropped from the BSE SME IPO Index, effective at the open of Monday, April 20, 2026. There are no additions in this reconstitution cycle and no change to the BSE IPO Index.

Key Points

• Monthly reconstitution of BSE Indices announced by BSE Index Services Private Limited
• Six stocks to be dropped from BSE SME IPO Index effective April 20, 2026
• No additions to any index in this reconstitution cycle
• No change in BSE IPO Index
• Actions included in end-of-day corporate action file (*.SDE) effective tonight

Regulatory Changes

No regulatory changes. This is a routine monthly index reconstitution exercise carried out by BSE Index Services Private Limited as part of standard index maintenance.

Compliance Requirements

• Index-linked fund managers and ETF providers tracking BSE SME IPO Index must rebalance their portfolios to reflect the removal of the six dropped constituents by the open of April 20, 2026
• Clients with queries may reach out to bseindex@bseindia.com

Important Dates

• Announcement Date: April 10, 2026
• Effective Date: April 20, 2026 (open of trading)

Impact Assessment

Stocks Dropped from BSE SME IPO Index:

The reconstitution affects only the BSE SME IPO Index. Passive funds and ETFs tracking this index will need to offload positions in the six dropped stocks before the effective date. Individual stock prices may experience selling pressure as index-tracking funds rebalance. The BSE IPO Index remains unchanged.