Group Changes Announced For Select Companies, XT To T & Others Shifted
Freepressjournal May 20, 2025 11:39 PM

Mumbai: The Bombay Stock Exchange (BSE) has announced a group change for several exclusively listed companies, effective from May 27, 2025. This update is part of the regular review of the X/XT segment, aimed at improving transparency and governance in trading.

According to Notice No. 20250520-17, 16 companies are affected. Among them, six companies such as Ashika Credit Capital Ltd and Marsons Ltd will move from Group XT to Group T. This change usually happens when the company meets certain compliance and trading norms. On the other hand, companies like Covance Softsol Ltd, Lancer Container Lines Ltd, and Mishtann Foods Ltd will shift from Group T to Group XT, indicating they now fall under closer surveillance due to trading concerns or lower compliance levels.

Additionally, three companies — Artemis Electricals and Projects Ltd, Jagatjit Industries Ltd, and Last Mile Enterprises Ltd — will shift from Group B to Group X, another group under monitoring.

The criteria for deciding these group changes were laid out in Notice No. 20171129-17. These include market capitalization, net worth, shareholder numbers, and institutional holdings. Companies not meeting these standards are shifted to X/XT for closer monitoring.

This restructuring helps investors make more informed decisions and ensures better market practices. All trading members are advised to take note of these changes for effective trading strategies.

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