Description

Purple Wave Infocom Limited equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective December 19, 2025.

Summary

BSE has announced the transfer of Purple Wave Infocom Limited (Scrip Code: 544627) equity shares from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective December 19, 2025. This change follows the exchange’s earlier notice dated December 04, 2025.

Key Points

  • Purple Wave Infocom Limited is an SME IPO listed company with scrip code 544627
  • Current trading: Trade for Trade segment (MT Group)
  • New trading arrangement: Rolling segment (M Group)
  • Effective date: Friday, December 19, 2025
  • Notice is in continuation to Exchange Notice No. 20251204-47 dated December 04, 2025
  • Contact person: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The equity shares will transition from a restricted Trade for Trade (T2T) mechanism under MT Group to a more liquid Rolling settlement system under M Group. This represents a relaxation of trading restrictions typically imposed on newly listed SME IPO stocks during their initial trading period.

Compliance Requirements

  • Trading members must update their systems to reflect the group change
  • Position limits and margin requirements applicable to M Group securities will apply
  • Trading members should contact Mr. Anurag Jain for implementation details and clarifications
  • Systems must be configured to handle rolling settlement for this scrip from the effective date

Important Dates

  • December 04, 2025: Previous notice issued (Notice No. 20251204-47)
  • December 05, 2025: Current notice issued (Notice No. 20251205-3)
  • December 19, 2025: Effective date for group transfer from MT to M Group

Impact Assessment

Trading Impact: The migration from T2T to Rolling settlement will significantly improve liquidity for Purple Wave Infocom Limited shares. Investors will benefit from intraday trading opportunities and potentially tighter bid-ask spreads.

Market Participants: Trading members and brokers need to ensure system readiness for the transition. Existing positions in the stock should be monitored during the transition period.

Investor Impact: Medium positive impact - shareholders will experience enhanced liquidity and reduced settlement restrictions, making the stock more attractive for regular trading activities versus the constrained T2T mechanism.

Impact Justification

Trading segment migration from T2T to Rolling affects liquidity and trading mechanism for this SME IPO stock, impacting traders and investors in this security.