BSE Ltd.

04/18/2024 | Press release | Distributed by Public on 04/18/2024 09:22

REVISION OF SCRIPS IN TRADE TO TRADE SEGMENT

NOTICES
Notice No. 20240418-69 Notice Date 18 Apr 2024
Category Trading Segment Equity
Subject REVISION OF SCRIPS IN TRADE TO TRADE SEGMENT
Attachments Annexures.xls ;
Content

This has reference to the procedure laid down under Exchange Notice No. 20161219-27 & 20230925-51 dated December 19, 2016 & September 25, 2023, for moving in / out of trade to trade. The Stock Exchange with a view to take preventive surveillance measure to ensure market safety and safeguard the interest of the investors, based on the rules prescribed in the aforementioned Notice has decided to take the following Surveillance actions:

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1. The scrips mentioned in Annexure I Part A will be transferred to T / XT / MT / TS Group and Part B will continue to remain in T / XT / MT / TS Group and they would be traded and settled on Trade to Trade basis effective from April 23, 2024. The category applicable to the scrip for transfer to/continuation in T / XT / MT / TS Group from the detailed criteria available on the website as stated above is mentioned alongside the scrip. Trading Members are requested to take adequate precaution while trading in above scrips, as the settlement will be done on trade-to-trade basis and no netting off positions will be allowed.<_o3a_p>

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As per the provisions of Exchange Notice No. 20050805-12 dated 05 August 2005, a VaR Margin of 100% will also be levied on these scrips. Further, scrips in T / XT / MT / TS Group will continue to attract a price band of 5% or lower.<_o3a_p>

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2. Please note that the scrips mentioned in Annexure II are eligible for transfer to T / XT / MT / TS group, however as these scrips are in P, Y, Z, ZP & ZY group and already traded and settled on a trade to trade basis the same shall continue to remain in their respective groups. The category applicable to the scrip for transfer to/continuation in T / XT / MT / TS Group from the detailed criteria available on the website as stated above is mentioned alongside the scrip.<_o3a_p>

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3. The scrips mentioned in Annexure III are in T / XT / MT / TS Group and are traded and settled on trade-to-trade basis as part of surveillance measure. These scrips will be shifted back to their original groups from April 23, 2024 and will continue to attract the price band of 5% or lower as applicable and will be reviewed for upward revision during the next price band review activity.<_o3a_p>

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Trading Members should note that the transfer of scrips for trading and settlement on a trade-to-trade basis is purely on account of market surveillance measure and it should not be construed as an adverse action against the company. Further, this is a temporary measure and will be reviewed periodically depending on the market conditions.<_o3a_p>

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In case of any clarifications, members may write to us at [email protected]<_o3a_p>

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For & On behalf of BSE Ltd<_o3a_p>

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Yogendra Daxini<_o3a_p>

Saji Sunilkumar<_o3a_p>

Deputy General Manager<_o3a_p>

Assistant General Manager<_o3a_p>

Surveillance<_o3a_p>

Surveillance<_o3a_p>

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April 18, 2024<_o3a_p>