Description
WORKMATES CORE2CLOUD SOLUTION LIMITED (Scrip Code: 544610) to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M group) effective December 01, 2025.
Summary
BSE has announced that the equity shares of WORKMATES CORE2CLOUD SOLUTION LIMITED (Scrip Code: 544610) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment with effect from Monday, December 01, 2025. Following this change, the company’s shares will be shifted to the M group, allowing for normal rolling settlement trading.
Key Points
- Company: WORKMATES CORE2CLOUD SOLUTION LIMITED
- Scrip Code: 544610
- Current Status: Trade for Trade segment (MT Group)
- New Status: Rolling segment (M Group)
- Effective Date: December 01, 2025
- Notice follows continuation from Exchange Notice No. 20251117-60 dated November 17, 2025
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822 for further details
Regulatory Changes
The transfer from Trade for Trade (MT Group) to Rolling segment represents a change in trading mechanism:
- From Trade for Trade (MT Group): Compulsory delivery-based trading with immediate settlement, typically applied to stocks under surveillance or with lower liquidity
- To Rolling Settlement (M Group): Normal rolling settlement cycle allowing intraday trading and regular market operations
This change indicates improved compliance or market standing for the company.
Compliance Requirements
For Trading Members:
- Update trading systems to reflect the group change effective December 01, 2025
- Adjust risk management parameters for rolling settlement trading
- Ensure clients are informed of the change in trading mechanism
- Contact Mr. Anurag Jain (022-2272 8822) for operational queries
For Investors:
- Intraday trading will be permitted from December 01, 2025
- Margin requirements will follow standard rolling segment norms
Important Dates
- November 17, 2025: Prior notice issued (Exchange Notice No. 20251117-60)
- November 18, 2025: Confirmation notice issued
- December 01, 2025: Effective date for transfer to Rolling segment (M Group)
Impact Assessment
Market Impact:
- Positive for liquidity as the stock moves to normal rolling settlement
- Enables intraday trading and short-selling (subject to regulations)
- May attract more retail and institutional participation
Operational Impact:
- Trading members need to reconfigure systems and risk parameters
- Improved trading flexibility for investors
- Reduction in delivery obligations compared to Trade for Trade segment
Company Impact:
- Reflects improved regulatory compliance or market metrics
- Potential for increased trading volumes and market visibility
- Removal from surveillance-type restrictions associated with T2T segment
Impact Justification
Transfer from Trade for Trade to Rolling segment improves trading flexibility for WORKMATES CORE2CLOUD, allowing intraday trading and potentially increasing liquidity. Medium impact as it affects trading mechanics for this specific SME stock.