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The BSE and NSE will transfer stocks of several companies, including Shalimar Paints Ltd and Supreme Infrastructure India Ltd, to the restricted trade category from Friday.
The move is part of a surveillance review to safeguard the interests of investors in the capital market.
The BSE will shift 64 securities to the trade-for-trade or 'T' group, while the National Stock Exchange will transfer 35 stocks to this segment from November 29, the exchanges said in separate circulars.
Stocks being shifted to the 'T' group on both exchanges include BF Utilities Ltd, Career Point Ltd and Peacock Industries Ltd.
In the trade-for-trade segment, no speculative trading is allowed and delivery of shares and payment of consideration are mandatory.
The exchanges advised members to take "adequate precaution" while trading in these shares "as the settlement will be done on trade-to-trade basis and no netting off will be allowed."
They said the transfer of these securities to trading and settlement on a trade-to-trade basis "is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company."
Price movements of these stocks will be restricted to a maximum of 5%.
Besides, the BSE said that as many as 434 scrips would continue to be available for trading in the 'T' group, while the NSE announced that a total of 104 stocks would continue be part of the restricted trade category.
The BSE said it will shift 298 scrips to their original group from the 'T' group, while the NSE will transfer 112 stocks to their original category. These changes will be effective from November 29.
