Revision of Scrips in Trade to Trade Segment
BSE has announced surveillance measures involving the transfer of specific scrips to the Trade-to-Trade (T/XT/MT/TS) segment, effective August 11, 2026. Scrips listed in Annexure I Part A will be moved to this segment, while those in Part B will remain. These securities will be subject to a 100% VaR margin and a price band of 5% or lower, with no netting of positions allowed. Additionally, certain scrips currently in the T/XT/MT/TS group (Annexure III) will be shifted back to their original groups. Scrips already in P, Y, Z, ZP, and ZY groups will continue their current trade-to-trade settlement status. These measures are temporary and based on market surveillance criteria.
Official record
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BSE has announced surveillance measures involving the transfer of specific scrips to the Trade-to-Trade (T/XT/MT/TS) segment, effective August 11, 2026. Scrips listed in Annexure I Part A will be moved to this segment, while those in Part B will remain. These securities will be subject to a 100% VaR margin and a price band of 5% or lower, with no netting of positions allowed. Additionally, certain scrips currently in the T/XT/MT/TS group (Annexure III) will be shifted back to their original groups. Scrips already in P, Y, Z, ZP, and ZY groups will continue their current trade-to-trade settlement status. These measures are temporary and based on market surveillance criteria.
- Who is affected
- Trading Members
- Required action
- Trading members must exercise caution when trading in the affected scrips as settlement occurs on a trade-to-trade basis without netting off positions.
- Key dates
- Effective date for transfer and shifting of scrips — 10 Aug 2026
- Thresholds
- A 100% VaR margin is applicable to scrips transferred to or remaining in the T/XT/MT/TS group.
- Scrips in the T/XT/MT/TS group are subject to a price band of 5% or lower.
- Exceptions
- Scrips in P, Y, Z, ZP, and ZY groups that are already traded on a trade-to-trade basis will remain in their respective groups.
- Consequences
- Transfer of scrips to the trade-to-trade segment prevents netting off positions.
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 05 Aug 2026
- Document number
- 20260806-42
- Issuing division
- DOSS
- Effective date
- 10 Aug 2026
- Coverage area
- securities
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260806-42 |
| Notice Date | 06 Aug 2026 |
| Category | Trading |
| Segment | Equity |
| Department | DOSS |
| Subject | REVISION OF SCRIPS IN TRADE TO TRADE SEGMENT |
| Attachments | Annexures_TFT |
[Image omitted. See the official document.]
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:
- 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 August 11, 2026. 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.
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.
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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.
-
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 August 11, 2026, 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.
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.
Note: Shortlisting of securities is based on the XBRL submission by the respective listed companies.
In case of any clarifications, members may write to us at bse.surv@bseindia.com
For & On behalf of BSE Ltd
For & On behalf of BSE Ltd.
Sanjay Jain Deputy Vice President Surveillance
Arpita Joshi Manager Surveillance
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