Steel City Securities Limited Secures Approvals for Market Making in SME Segment on NSE and BSE
Steel City Securities Limited has achieved a significant milestone after receiving formal approvals from both the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE). These authorizations enable the company to engage in Market Making activities within the SME Segment of both exchanges.The approvals received by Steel City Securities Limited mark a major advancement for the firm, allowing it to undertake market making activities across eligible SME listed securities. This move supports the company's long-term business growth strategy and broadens its range of service offerings.
The Company confirmed that these approvals are subject to compliance with all applicable rules, regulations, bye-laws, circulars, and other conditions stipulated by the exchanges. Steel City Securities Limited stated that it will commence Market Making activities subsequent to fulfilling all required operational, technical, and regulatory stipulations set forth by the respective Exchanges.
Steel City Securities Limited's corporate structure also includes a point of presence as a Depository Participant (DP) of NSDL and CDSL, maintaining SEBI Permanent Reg. No. IN-DP-231-2016.
STEELCITY Stock Price Movement
Steel City Securities Limited rallied today, settling at ₹86.52 after posting a solid gain of 14.46%. The stock saw brisk activity in the session, with 547,099 shares trading as the market closed for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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