<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:circular="https://rhnvrm.github.io/stock-market-circulars/ns"><channel><title>VALUE360 - Stock Market Circulars</title><link>https://rhnvrm.github.io/stock-market-circulars/stocks/value360/</link><description>Regulatory circulars from NSE, BSE, and SEBI with AI-powered summaries</description><generator>Hugo -- gohugo.io</generator><language>en-us</language><lastBuildDate>Mon, 11 May 2026 00:00:00 +0000</lastBuildDate><atom:link href="https://rhnvrm.github.io/stock-market-circulars/stocks/value360/feed.xml" rel="self" type="application/rss+xml"/><item><title>Trade for Trade to Rolling Segment Transfer - Value 360 Communications Limited (SME IPO)</title><link>https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-05-11-ec89d480a17162cd-trade-for-trade-value-360-communications-limited-sme-ipo/</link><pubDate>Mon, 11 May 2026 00:00:00 +0530</pubDate><guid>https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-05-11-ec89d480a17162cd-trade-for-trade-value-360-communications-limited-sme-ipo/</guid><description>NSE announces transfer of Value 360 Communications Limited (symbol: VALUE360) from Trade for Trade segment (Series: ST) to Rolling segment (Series: SM) effective May 25, 2026, following its SME IPO.</description><circular:source>nse</circular:source><circular:category>trading</circular:category><circular:impact>medium</circular:impact><circular:severity>medium</circular:severity><circular:importance>medium</circular:importance><circular:id>ec89d480a17162cd</circular:id><circular:pdfUrl>https://nsearchives.nseindia.com/content/circulars/CML74116.pdf</circular:pdfUrl><circular:stock>VALUE360</circular:stock><category>trade-for-trade</category><category>rolling-segment</category><category>sme-ipo</category><category>segment-transfer</category><category>VALUE360</category><category>listing</category><content:encoded><![CDATA[<h2 id="summary">Summary</h2>
<p>NSE has announced that Value 360 Communications Limited (NSE symbol: VALUE360), which listed under the SME IPO framework, will be transferred from the Trade for Trade segment (Series: ST) to the Rolling segment (Series: SM) with effect from May 25, 2026. This is a standard post-IPO transition for SME-listed securities.</p>
<h2 id="key-points">Key Points</h2>
<ul>
<li>Symbol VALUE360 (Value 360 Communications Limited) will move from Series ST (Trade for Trade) to Series SM (Rolling segment)</li>
<li>Effective date of transfer: May 25, 2026</li>
<li>This circular follows Exchange Circular NSE/CML/74136 dated May 08, 2026</li>
<li>The transfer is pursuant to SEBI guidelines vide circular CIR/MRD/DP/02/2012 dated January 20, 2012</li>
<li>The circular is issued by NSE&rsquo;s Listing department under Download Ref No: NSE/CML/74116, Circular Ref. No: 0755/2026</li>
</ul>
<h2 id="regulatory-changes">Regulatory Changes</h2>
<p>No new regulatory changes are introduced. This action is pursuant to the existing SEBI framework (CIR/MRD/DP/02/2012 dated January 20, 2012) governing the transition of securities from the Trade for Trade segment to the Rolling segment after the mandatory lock-in period post-IPO listing.</p>
<h2 id="compliance-requirements">Compliance Requirements</h2>
<ul>
<li>All NSE members must note the segment change for VALUE360 effective May 25, 2026</li>
<li>Trading systems and order management systems should be updated to reflect the new series (SM) for VALUE360 from the effective date</li>
<li>Members should inform their clients about the change in settlement mechanism</li>
</ul>
<h2 id="important-dates">Important Dates</h2>
<ul>
<li>Circular Date: May 11, 2026</li>
<li>Reference Circular Date: May 08, 2026 (NSE/CML/74136)</li>
<li>Effective Date of Segment Transfer: May 25, 2026</li>
</ul>
<h2 id="impact-assessment">Impact Assessment</h2>
<p>The transfer from Trade for Trade (Series ST) to Rolling segment (Series SM) means that VALUE360 shares will no longer require mandatory delivery for every trade. Under the Rolling segment, normal netting and settlement mechanisms apply, improving liquidity and reducing settlement risk for traders. This is a positive development for market participants holding or trading VALUE360, as it signals the completion of the mandatory trade-for-trade period post-SME IPO and normalizes trading conditions for the scrip.</p>
]]></content:encoded></item><item><title>Listing of Equity Shares of Value 360 Communications Limited (SME IPO)</title><link>https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-05-08-ba6f2f8712c1a047-listing-of-equity-shares-of-value-360-communications-limited-sme-ipo/</link><pubDate>Fri, 08 May 2026 00:00:00 +0530</pubDate><guid>https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-05-08-ba6f2f8712c1a047-listing-of-equity-shares-of-value-360-communications-limited-sme-ipo/</guid><description>NSE notifies listing of Value 360 Communications Limited equity shares on the EMERGE SME Platform effective May 11, 2026, under the Trade for Trade Surveillance Segment with symbol VALUE360.</description><circular:source>nse</circular:source><circular:category>listing</circular:category><circular:impact>medium</circular:impact><circular:severity>medium</circular:severity><circular:importance>medium</circular:importance><circular:id>ba6f2f8712c1a047</circular:id><circular:pdfUrl>https://nsearchives.nseindia.com/content/circulars/CML74136.zip</circular:pdfUrl><circular:stock>VALUE360</circular:stock><category>sme-ipo</category><category>listing</category><category>emerge-platform</category><category>trade-for-trade</category><category>surveillance</category><category>equity-shares</category><category>VALUE360</category><content:encoded><![CDATA[<h2 id="summary">Summary</h2>
<p>NSE has notified the listing of equity shares of Value 360 Communications Limited on the EMERGE SME Platform under the Capital Market segment, effective May 11, 2026. The shares will trade under the symbol VALUE360 in Series &lsquo;ST&rsquo; (Trade for Trade Surveillance Segment – Settlement Type &lsquo;W&rsquo;) initially, with a subsequent shift to Series &lsquo;SM&rsquo; (Normal Rolling Segment – Settlement Type &lsquo;N&rsquo;) as per SEBI circular guidelines.</p>
<h2 id="key-points">Key Points</h2>
<ul>
<li>Symbol: VALUE360; ISIN: INE1E7Y01018</li>
<li>Listed on NSE EMERGE SME Platform effective May 11, 2026</li>
<li>Face value and paid-up value: Rs. 10/- per share</li>
<li>Issue price for current public issue: Rs. 98/- per share</li>
<li>Total securities: 1,60,90,008 equity shares (distinctive numbers 1 to 16090008)</li>
<li>Market lot and Market Maker minimum quantity: 1,200 equity shares</li>
<li>Market Maker maximum permissible spread: within 10%</li>
<li>Type of market: Continuous Market; shares are Pari Passu</li>
<li>Market Maker: Aikyam Capital Private Limited, Mumbai</li>
<li>Registrar &amp; Transfer Agent: Kfin Technologies Limited, Hyderabad</li>
</ul>
<h2 id="regulatory-changes">Regulatory Changes</h2>
<p>No new regulatory changes introduced. The listing is pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, and in accordance with SEBI circulars CIR/MRD/DP/01/2012 and CIR/MRD/DP/02/2012 dated January 20, 2012, and Exchange Circular NSE/CMTR/37202 dated March 14, 2018.</p>
<h2 id="compliance-requirements">Compliance Requirements</h2>
<ul>
<li>Members must identify the security only by its designated codes (VALUE360) for trading purposes.</li>
<li>Trading must be conducted in the specified lot size of 1,200 equity shares.</li>
<li>The security will participate in the pre-open session for IPO and Other category scrips as per SEBI guidelines.</li>
<li>Lock-in details apply as per Annexure I of the circular.</li>
</ul>
<h2 id="important-dates">Important Dates</h2>
<ul>
<li>Circular date: May 08, 2026</li>
<li>Effective date for trading on NSE EMERGE SME Platform: May 11, 2026</li>
<li>Financial year of the company: April 2026 – March 2027</li>
</ul>
<h2 id="impact-assessment">Impact Assessment</h2>
<p>This listing provides market access to Value 360 Communications Limited shares for retail and institutional investors via the NSE EMERGE SME Platform. Initial trading in the Trade for Trade Surveillance Segment (Series ST) limits speculative activity and ensures delivery-based settlement. The market maker (Aikyam Capital Private Limited) is mandated to provide liquidity within a 10% spread. Impact is limited to participants interested in this SME scrip; no broader market-wide implications are anticipated.</p>
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