NSE · Market Structure · Medium

NSE moves Triveni Engineering to Trade for Trade segment from July 22

All trades in TRIVENI must be delivery-based with no intraday squaring-off, following a scheme of arrangement.

16 Jul 2026 Effective July 22, 2026 Affects: Trading members and investors holding or trading Triveni Engineering & Industries Limited (TRIVENI).

What changed

From July 22, all trades in TRIVENI must be delivery-based with no intraday squaring-off.
Intraday trading banned.
The move follows a scheme of arrangement and triggers pre-open call auction rules.

The read

NSE has moved Triveni Engineering & Industries to the Trade for Trade segment after a scheme of arrangement. The change, effective July 22, ends intraday trading. Every trade now requires delivery — no squaring off. Also, call auction rules apply pre-open. Short-term liquidity could shrink. The shift to Trade for Trade, triggered by a scheme of arrangement, restricts intraday trading, requiring all transactions to result in actual delivery, which may reduce short-term liquidity and speculative activity.

Triveni Engineering & Industries LimitedTRIVENI

Primary source: official circular (PDF)