BSE Ltd. will move the first set of stocks to the next-day settlement or T+1 starting Feb. 25.
The first 100 stocks with the least market capitalisation transition to the shorter settlement cycle.
BSE will see close to 2,500 stocks transition to T+1 compared to NSE's 285 in the next six months. That's because more companies are listed on Asia's oldest stock exchange.
In all, 5,300 unique stocks—counting the scrips listed on both the exchanges as one—will move to T+1 by Jan. 27, 2023 in 12 phases.
Stock exchanges, clearing corporations and depositories will roll out the next-day rolling settlement cycle for equity trading as the stocks move to T+1.
Moving To T+1
Here's the list of stocks moving to T+1 from Feb. 25:
S.No. | Company Name |
---|---|
1 | Tirth Plastic Ltd. |
2 | Govind Poy Oxygen Ltd. |
3 | Rita Finance And Leasing Limit |
4 | Steel Strips Ltd. |
5 | Tirupati Fin-Lease Ltd. |
6 | Shikhar Leasing & Trading Ltd. |
7 | Jyot International Marketing L |
8 | Datasoft Application Software |
9 | Transoceanic Properties Ltd. |
10 | Ridhi Synthetics Ltd. |
11 | Satyam Silk Mills Ltd. |
12 | Hindustan Housing Co.Ltd. |
13 | Swastik Safe Deposit & Investm |
14 | Mather & Platt Fire Systems Lt |
15 | Mirch Technologies (India) Ltd |
16 | Sunrise Agro Products Ltd |
17 | Terraform Magnum Ltd. |
18 | Vardhan Capital & Finance Limi |
19 | Unijolly Investments Co.Ltd. |
20 | Sagar Soya Products Ltd. |
21 | Vinayak Vanijya Ltd. |
22 | Alirox Abrasives Limited |
23 | Sree Maruthi Marine Ind L |
24 | Buckingham Industries Ltd |
25 | Healthy Investments Ltd. |
26 | Mayurbhanj Trd & Agen Ltd |
27 | Supra Industrial Res Ltd |
28 | Kusam Electrical Industries Lt |
29 | Morning Glory Lsng Fin L |
30 | Alstone Textiles (India) Ltd |
31 | Western Ministil Ltd. |
32 | Noble Polymers Limited |
33 | Gulmohar Invt & Hold Ltd |
34 | Super Domestic Machines Ltd. |
35 | Siyaram Poddar Finance & Tradi |
36 | Balgopal Holding & Traders Ltd |
37 | Sueryaa Knitwear Limited |
38 | Efficient Indus Fin Ltd |
39 | Mercury Trade Links Ltd. |
40 | Sfl International Limited |
41 | Saumya Capital Limited |
42 | Sunrise Industrial Traders Ltd |
43 | Vidarbha Iron & Steel Corporat |
44 | Regency World Consul. Ltd |
45 | Anshuni Commercials Ltd. |
46 | Shivkamal Impex Limited |
47 | Varun Mercantile Ltd. |
48 | Pervasive Commodities Limited |
49 | India Radiators Ltd. |
50 | Shree Krishna Jute Prod L |
51 | Champion Commercial Co L |
52 | Shyamal Holdings & Trading Ltd |
53 | Coromandel Agro Products & Oil |
54 | Frick India Limited |
55 | Vardhaman Laboratories Ltd. |
56 | Tej Infoways Limited |
57 | Shantnu Invst (India) Ltd |
58 | Bajaj Global Ltd. |
59 | Softrak Venture Investment Ltd |
60 | Nilkanth Engineering Ltd. |
61 | Oxemberg Apparels Ltd. |
62 | Ph Trading Ltd. |
63 | Pb Global Limited |
64 | G-Tech Info-Training Ltd. |
65 | Peoples Investments Ltd. |
66 | Sharpline Broadcast Limited |
67 | Rose Merc.Ltd. |
68 | Magnanimous Trade & Finance Lt |
69 | Ttl Enterprises Limited |
70 | Indo Gulf Industries Ltd. |
71 | Procal Electronics India Ltd. |
72 | Parab Infra Limited |
73 | G.D.Trading & Agencies Ltd. |
74 | Spa Capital Services Limited |
75 | Mrugesh Trading Ltd. |
76 | Sobhagya Merchantile Ltd. |
77 | Leena Consultancy Ltd. |
78 | Infraquest International Ltd. |
79 | Parmeshwari Silk Mills Limited |
80 | Shinewell Leasing Ltd |
81 | M Lakhamsi Industries Limited |
82 | Antariksh Industries Limited |
83 | Chemiesynth (Vapi) Limited |
84 | Real Growth Commercial Enterpr |
85 | Winmore Silk Mills Ltd. |
86 | Sanchana Trading & Finance Ltd |
87 | Purity Flex Pack Ltd. |
88 | Raideep Industries Limited |
89 | Citizen Yarns Ltd. |
90 | Budge Budge Company Limited |
91 | Arco Leasing Ltd. |
92 | Viksit Engineering Ltd. |
93 | Jeet Machine Tools Ltd. |
94 | Abhijit Trading Co. Ltd. |
95 | Laser Diamonds Ltd. |
96 | Vishvakirti Investment Ltd. |
97 | Hem Holdings & Trading Ltd. |
98 | Springform Technology Limited |
99 | Sriyansh Steel Ltd. |
100 | Cromakem Ltd. |