Kwality Credit & Leasing Ltd, Satya Miners & Transporters Ltd, Ankush Finstock Ltd and Omkar Overseas Ltd are among other scrips which would be shifted by the stock exchange to the trade-to-trade segment or 'T' Group category.
The measure is part of "preventive surveillance measure to ensure market safety and safeguard the interest of the investors," BSE said in a circular.
In the trade-to-trade segment, no speculative trading is allowed and delivery of shares and payment of consideration amount are mandatory.

The exchange has asked the trading members to "take adequate precaution" while trading in these 37 stocks, "as the settlement will be done on a trade-to-trade basis and no netting off positions will be allowed."
However, the exchange said the transfer of these stocks to 'T' group "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," it added.
In a separate circular, NSE said that it would move five scrips, including Kanani Industries, to the restricted trade category. Besides, it said that another 292 stocks would continue to available for trading in the 'T' group.


Latest News  from Business News Desk