Description

Dhillon Freight Carrier Limited (Scrip Code: 544556) 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 Dhillon Freight Carrier Limited (Scrip Code: 544556), an SME IPO listing, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective October 23, 2025. This change follows the initial listing procedures for SME IPOs.

Key Points

  • Company: Dhillon Freight Carrier Limited (SME IPO)
  • Scrip Code: 544556
  • Current Segment: Trade for Trade segment (MT Group)
  • New Segment: Rolling segment (M Group)
  • Effective Date: October 23, 2025
  • Notice references previous communication dated October 6, 2025 (Notice No. 20251006-50)
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The trading mechanism for Dhillon Freight Carrier Limited will change from Trade for Trade basis to Rolling settlement, allowing for more flexible trading arrangements. This is a standard progression for SME IPO listings after the initial stabilization period.

Compliance Requirements

  • Trading Members should note the segment change and adjust their systems accordingly
  • No specific action required from investors; trading will continue seamlessly under the new group designation
  • Trading Members may contact the exchange for clarification if needed

Important Dates

  • October 6, 2025: Initial notice issued (Notice No. 20251006-50)
  • October 7, 2025: Confirmation notice issued (Notice No. 20251007-32)
  • October 23, 2025: Effective date of segment transfer from MT Group to M Group

Impact Assessment

Market Impact: Medium. The shift from Trade for Trade to Rolling segment improves liquidity and trading flexibility for the stock. Investors will be able to execute intraday trades and benefit from T+2 settlement cycles instead of mandatory delivery-based trading.

Operational Impact: Low to Medium. Trading Members need to update their systems to reflect the group change. The move to M Group (Rolling segment) is a positive development indicating the stock’s graduation from stricter surveillance to normal trading conditions.

Impact Justification

Routine segment transfer from Trade for Trade to Rolling segment for SME IPO stock, improves trading flexibility for market participants