<?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>Shalibhadra-Finance - Stock Market Circulars</title><link>https://rhnvrm.github.io/stock-market-circulars/tags/shalibhadra-finance/</link><description>Regulatory circulars from NSE, BSE, and SEBI with AI-powered summaries</description><generator>Hugo -- gohugo.io</generator><language>en-us</language><lastBuildDate>Thu, 09 Apr 2026 00:00:00 +0000</lastBuildDate><atom:link href="https://rhnvrm.github.io/stock-market-circulars/tags/shalibhadra-finance/feed.xml" rel="self" type="application/rss+xml"/><item><title>Group Change: Shalibhadra Finance Ltd Moved to X Group Effective April 10, 2026</title><link>https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-09-2ee4faaae30d1097-group-change/</link><pubDate>Thu, 09 Apr 2026 11:44:00 +0000</pubDate><guid>https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-09-2ee4faaae30d1097-group-change/</guid><description>BSE notice informing trading members that Shalibhadra Finance Ltd (Scrip Code: 511754) will be moved from Group B to Group X with effect from April 10, 2026.</description><circular:source>bse</circular:source><circular:category>listing</circular:category><circular:impact>medium</circular:impact><circular:severity>medium</circular:severity><circular:importance>medium</circular:importance><circular:id>2ee4faaae30d1097</circular:id><circular:pdfUrl>https://www.bseindia.com/downloads/UploadDocs/Notices/20260409-25/20260409-25.pdf</circular:pdfUrl><circular:stock>511754</circular:stock><category>group-change</category><category>equity</category><category>listing-operations</category><category>shalibhadra-finance</category><category>x-group</category><category>scrip-511754</category><content:encoded><![CDATA[<h2 id="summary">Summary</h2>
<p>BSE has issued Notice No. 20260409-25 informing trading members that Shalibhadra Finance Ltd (Scrip Code: 511754) will undergo a group change from Group B to Group X, effective April 10, 2026.</p>
<h2 id="key-points">Key Points</h2>
<ul>
<li>Shalibhadra Finance Ltd (Scrip Code: 511754) is being moved from Group B to Group X.</li>
<li>The group change is effective from April 10, 2026.</li>
<li>Trading members are required to take note of this reclassification.</li>
<li>Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance &amp; Operations.</li>
</ul>
<h2 id="regulatory-changes">Regulatory Changes</h2>
<p>The scrip is being reclassified from Group B (normal equity segment) to Group X, which typically denotes trade-to-trade or enhanced surveillance segment. Trades in Group X are settled on a gross basis (delivery-based only), and intraday netting is not permitted.</p>
<h2 id="compliance-requirements">Compliance Requirements</h2>
<ul>
<li>Trading members must update their systems and risk management frameworks to reflect the new group classification for Scrip Code 511754.</li>
<li>Settlement for this scrip must be handled under Group X norms from April 10, 2026 onwards.</li>
</ul>
<h2 id="important-dates">Important Dates</h2>
<ul>
<li><strong>Notice Date:</strong> April 9, 2026</li>
<li><strong>Effective Date:</strong> April 10, 2026</li>
</ul>
<h2 id="impact-assessment">Impact Assessment</h2>
<p>Moving Shalibhadra Finance Ltd to Group X imposes trade-to-trade settlement, eliminating intraday squaring off. This increases the cost and risk for short-term traders and may reduce liquidity in the scrip. Investors holding or planning to trade this stock should be aware of the stricter settlement requirements. The move may signal regulatory scrutiny or compliance concerns related to the company.</p>
]]></content:encoded></item><item><title>Listing of Equity Shares of Shalibhadra Finance Limited on NSE</title><link>https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-08-8f6104b9aee23f0e-listing-of-equity-shares-of-shalibhadra-finance-limited-new-listing/</link><pubDate>Wed, 08 Apr 2026 00:00:00 +0530</pubDate><guid>https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-08-8f6104b9aee23f0e-listing-of-equity-shares-of-shalibhadra-finance-limited-new-listing/</guid><description>New listing of equity shares of Shalibhadra Finance Limited (ISIN: INE861D01011, Scrip Code: 511754) on NSE, with shareholding pattern filed as of 30-03-2026.</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>8f6104b9aee23f0e</circular:id><circular:pdfUrl>https://nsearchives.nseindia.com/content/circulars/CML73658.zip</circular:pdfUrl><circular:stock>SAHLIBHFI</circular:stock><category>new-listing</category><category>equity-shares</category><category>shareholding-pattern</category><category>shalibhadra-finance</category><category>SAHLIBHFI</category><content:encoded><![CDATA[<h2 id="summary">Summary</h2>
<p>Shalibhadra Finance Limited (Scrip Code: 511754, ISIN: INE861D01011) has been newly listed on NSE. The company has filed its shareholding pattern under Regulation 31(1)(ab) for the quarter ended 30-03-2026 as part of the pre-listing/allotment disclosure requirements.</p>
<h2 id="key-points">Key Points</h2>
<ul>
<li><strong>Company:</strong> Shalibhadra Finance Ltd</li>
<li><strong>Scrip Code:</strong> 511754</li>
<li><strong>ISIN:</strong> INE861D01011</li>
<li><strong>NSE Symbol:</strong> SAHLIBHFI (new listing)</li>
<li><strong>Class of Security:</strong> Equity Shares</li>
<li><strong>SME Company:</strong> No</li>
<li><strong>PSU:</strong> No</li>
<li><strong>Report Type:</strong> Quarterly (Regulation 31(1)(ab) – Pre-listing/Allotment)</li>
<li><strong>Quarter Ended / Listing Date Reference:</strong> 30-03-2026</li>
<li>Promoter shareholding has locked-in shares</li>
<li>No partly paid-up shares, convertible securities, warrants, or outstanding ESOPs</li>
<li>No depository receipts, pledged shares, or non-disposal undertakings</li>
<li>No equity shares with differential voting rights</li>
<li>No significant beneficial owner declared</li>
</ul>
<h2 id="regulatory-changes">Regulatory Changes</h2>
<p>No regulatory changes introduced. This circular pertains solely to the new listing and associated mandatory shareholding pattern disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations.</p>
<h2 id="compliance-requirements">Compliance Requirements</h2>
<ul>
<li>Shalibhadra Finance Limited is required to maintain and update shareholding pattern disclosures on a quarterly basis post-listing.</li>
<li>Promoter lock-in compliance must be observed as indicated in the shareholding pattern.</li>
<li>The company must adhere to all continuing listing obligations under SEBI LODR Regulations.</li>
</ul>
<h2 id="important-dates">Important Dates</h2>
<ul>
<li><strong>Shareholding Pattern Reference Date:</strong> 30-03-2026</li>
<li><strong>Listing Date:</strong> On or around 08-04-2026 (circular issuance date)</li>
</ul>
<h2 id="impact-assessment">Impact Assessment</h2>
<p>This is a new listing of a small non-SME finance company. Market impact is limited to investors specifically tracking new NSE listings or the NBFC/finance sector. The promoter lock-in on shares limits near-term supply. No unusual capital structures (no warrants, convertibles, or differential voting rights) are present, suggesting a straightforward equity listing.</p>
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