Parin Enterprises' exit from Nifty SME Emerge due to its migration takes effect from September 25

Parin Enterprises' exit from Nifty SME Emerge due to its migration takes effect from September 25
Parin exits SME

Following its transfer from NSE's SME Emerge platform to the Main Board, Parin Enterprises Ltd. is being removed from the Nifty SME Emerge index. The change will take effect from September 25, 2026, while the index adjustment will be implemented after the close of trading on September 24, 2026.

Highlights

  • Parin Enterprises Ltd. will be removed from the Nifty SME Emerge index from September 25, 2026, and no new company will be added.
  • According to NSE's public circular NSE/CML/76509, Parin Enterprises is being migrated from the SME Emerge platform to the Capital Market segment.
  • This revision will take effect after the market close on September 24, 2026, changing the index composition for investors tracking it.

This article was translated from the original. Read the original version by our correspondent here.

Index change and timeline

According to National Stock Exchange of India circular NSE/CML/76509, Parin Enterprises Ltd. is being migrated from NSE's SME Emerge platform to the Capital Market segment. Accordingly, NSE Indices Limited's Index Maintenance Sub-Committee (Equity) has decided to remove the company from the Nifty SME Emerge index.

The symbol of the company being removed from the index is PARIN. No new company is being added to the index as part of this change.

Impact on the SME index

This move indicates that the company's business is transitioning from the SME platform to NSE's Main Board framework, changing its market classification. As a result, the Nifty SME Emerge index will only see an exit, with no replacement added on the same date.

For investors, this means that Parin Enterprises will no longer be included in the index composition effective September 25, 2026. For participants tracking the index, this adjustment will be operationally significant after the market close on September 24, 2026.

Our previous report detailed the NSE listing schedule for shares of several companies, including Parin Enterprises, and the trading arrangements effective from September 24-25, 2026. It stated that trading in Parin Enterprises would be accepted in the Main Board's Capital Market segment from September 25, 2026, following its migration from the SME Emerge platform, while other shares would remain subject to different series/segments (such as EQ, BE, ST) and settlement rules.

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