Description
ICODEX Publishing Solutions Limited equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective September 3, 2025.
Summary
BSE has announced that equity shares of ICODEX Publishing Solutions Limited (Scrip Code: 544483) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment under M Group, effective September 3, 2025. This change will alter the trading mechanics for the stock from a settlement-based system to a rolling settlement system.
Key Points
- Company: ICODEX Publishing Solutions Limited
- Scrip Code: 544483
- Current segment: Trade for Trade segment (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: September 3, 2025
- Market segment: SME (Small and Medium Enterprises)
Regulatory Changes
The stock will move from Trade for Trade settlement mechanism to Rolling settlement system, which typically allows for more flexible trading compared to the restrictive Trade for Trade segment.
Compliance Requirements
Trading members should prepare for the segment transition and may contact Mr. Anurag Jain at 022-2272 8822 for further clarification or assistance regarding this change.
Important Dates
- Notice Date: August 19, 2025
- Effective Date: September 3, 2025 (Wednesday)
- Reference Notice: 20250818-46 dated August 18, 2025
Impact Assessment
This change is likely to improve liquidity for ICODEX shares as Rolling segment typically offers better trading flexibility compared to Trade for Trade segment. The move suggests improved trading characteristics or compliance with exchange requirements for the company.
Impact Justification
Affects trading segment classification for a specific SME stock, impacting liquidity and trading mechanics