Description
OM Metallogic Limited equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective October 23, 2025.
Summary
BSE has announced that the equity shares of OM Metallogic Limited (Scrip Code: 544559) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective October 23, 2025. This follows the company’s SME IPO listing and represents a transition to normal trading operations.
Key Points
- Company: OM Metallogic Limited (SME IPO)
- Scrip Code: 544559
- Current segment: Trade for Trade (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: Thursday, October 23, 2025
- Notice references prior notice dated October 6, 2025 (Notice No. 20251006-53)
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The trading mechanism for OM Metallogic Limited shares will change from Trade for Trade basis to Rolling settlement. This is a standard progression for SME IPO listings after the initial trading period, allowing for normal continuous trading with T+2 settlement instead of matched trades requiring full upfront payment and delivery.
Compliance Requirements
- Trading members must update their systems to reflect the group change from MT to M Group
- Trading members should contact BSE for clarification if needed regarding the transition
- Members need to ensure compliance with Rolling segment trading requirements effective October 23, 2025
Important Dates
- October 6, 2025: Initial notice issued (Notice No. 20251006-53)
- October 7, 2025: Current notice date confirming the change
- October 23, 2025: Effective date for transfer to Rolling segment (M Group)
Impact Assessment
Market Impact: Medium - The shift from Trade for Trade to Rolling segment will increase liquidity and trading flexibility for OM Metallogic shares, potentially attracting more market participants.
Operational Impact: Trading members will need to adjust their trading strategies and settlement processes. The change enables intraday trading, short selling (subject to regulations), and standard T+2 settlement cycles, making the stock more accessible to retail and institutional investors.
Investor Impact: Positive for investors as Rolling segment provides better price discovery, improved liquidity, and standard settlement mechanisms compared to the restrictive Trade for Trade segment.
Impact Justification
Operational change affecting trading segment classification for a single SME stock, impacting trading members and investors in this security