Description
Globtier Infotech Limited equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective September 16, 2025.
Summary
BSE has announced that Globtier Infotech Limited (Scrip Code: 544494) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective September 16, 2025. This change follows a previous notice dated September 1, 2025.
Key Points
- Globtier Infotech Limited shares moving from MT Group to M Group
- Shift from Trade for Trade segment to Rolling segment
- Effective date: Tuesday, September 16, 2025
- Scrip Code: 544494
- SME segment stock
Regulatory Changes
The stock will transition from Trade for Trade settlement (where each trade must be settled individually) to Rolling settlement (where trades can be netted off). This represents a relaxation in trading restrictions.
Compliance Requirements
Trading members need to update their systems and processes to reflect the segment change. Members should ensure proper handling of the stock under the new M Group classification starting September 16, 2025.
Important Dates
- September 1, 2025: Initial notice issued (Notice no. 20250901-44)
- September 2, 2025: Current notice issued
- September 16, 2025: Effective date of segment change
Impact Assessment
The move from Trade for Trade to Rolling segment typically indicates improved liquidity and reduced settlement restrictions for the stock. This allows for intraday trading and netting of positions, potentially increasing trading volumes and market efficiency for Globtier Infotech Limited shares.
Impact Justification
Routine segment transfer from Trade for Trade to Rolling segment for a single SME stock