Revision of Scrips in Trade to Trade Segment
BSE notice 20260817-38 · 16 Aug 2026
BSE transfers specific securities to the Trade-to-Trade settlement segment as a surveillance measure. This action applies to securities listed in Annexure I of the notice. These securities move to the T, XT, MT, or TS groups. Settlement for these securities occurs on a trade-to-trade basis. Trading members cannot net off positions for these scrips. The exchange also levies a 100 percent VAR margin on these securities. Securities in Annexure II remain in their current groups and attract a 5 percent price band. This measure is temporary and subject to periodic review. Trading members must exercise caution when they trade these securities.
Official record
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BSE transfers specific securities to the Trade-to-Trade settlement segment as a surveillance measure. This action applies to securities listed in Annexure I of the notice. These securities move to the T, XT, MT, or TS groups. Settlement for these securities occurs on a trade-to-trade basis. Trading members cannot net off positions for these scrips. The exchange also levies a 100 percent VAR margin on these securities. Securities in Annexure II remain in their current groups and attract a 5 percent price band. This measure is temporary and subject to periodic review. Trading members must exercise caution when they trade these securities.
- Who is affected
- Trading members of the BSE
- Required action
- Trading members must take adequate precaution while trading in the specified securities.
- Key dates
- Effective date for transfer of securities — 19 Aug 2026
- Thresholds
- A 100 percent VAR margin applies to the transferred scrips.
- A 5 percent price band applies to securities in Annexure II.
- Consequences
- No netting off positions is allowed for securities in the trade-to-trade segment.
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 16 Aug 2026
- Document number
- 20260817-38
- Issuing division
- DOSS
- Effective date
- 19 Aug 2026
- Coverage area
- securities
Document text
NOTICE
| Notice No. | 20260817-38 |
|---|---|
| Notice Date | 17 Aug 2026 |
| Category | Trading |
| Segment | Equity |
| Department | DOSS |
| Subject | REVISION OF SCRIPS IN TRADE TO TRADE SEGMENT |
| Attachments | Annexure_TFT |
As a part of Surveillance measures and based on the extant SEBI framework, the Exchanges transfer various securities for settlement on a Trade-to-Trade basis. The criteria for shifting securities to/from for settlement on trade-to-trade basis is decided in consultation with SEBI and applied uniformly across the stock exchanges and reviewed periodically.
The detailed criteria of shifting scrip to/from Trade-to-Trade are available on website at
https://www.bseindia.com/static/markets/equity/EQReports/sur_Surveillance.html#!#her3.
The Exchange with a view to take preventive surveillance measure to ensure market safety and safeguard the interest of the investors, has decided to take the following Surveillance actions:
The securities mentioned in Annexure I, which are satisfying all the criteria I, II and III will be transferred to T / XT / MT / TS Group w.e.f. August 20, 2026. The securities mentioned in Annexure II will continue to remain in T / XT / MT / TS / P / Z / ZP Group and would attract a price band of 5%.
Trading Members are requested to take adequate precaution while trading in above securities, as the settlement will be done on trade-to-trade basis and no netting off positions will be allowed. Further, 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.
Trading Members should note that the transfer of security/ies 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 periodically reviewed depending on the market conditions.
Note: Shortlisting of securities is based on the XBRL submission by the respective listed companies.
In case, trading members require any clarification, members may write to us at bse.surv@bseindia.com
For & On behalf of BSE Ltd
| Sanjay Jain | Arpita Joshi |
|---|---|
| Deputy Vice President | Manager |
| Surveillance | Surveillance |
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