Description

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

Summary

BSE has announced that the equity shares of PURPLE WAVE INFOCOM LIMITED (Scrip Code: 544627) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment, with the group classification changing to M Group. This change will be effective from Friday, December 19, 2025.

Key Points

  • Company: PURPLE WAVE INFOCOM LIMITED (SME IPO)
  • Scrip Code: 544627
  • Current Segment: Trade for Trade (MT Group)
  • New Segment: Rolling segment (M Group)
  • Effective Date: December 19, 2025
  • Notice follows previous Exchange Notice No. 20251204-47 dated December 04, 2025

Regulatory Changes

The equity shares will transition from Trade for Trade settlement mechanism to Rolling settlement, which allows for intraday trading and T+1 settlement cycle instead of the stricter Trade for Trade requirement where each trade must be settled individually.

Compliance Requirements

  • Trading Members must note the change in trading segment and group classification
  • All dealings in the company’s equity shares will be conducted under M Group from the effective date
  • Trading Members can contact Mr. Anurag Jain on Tel. No. 022-2272 8822 for further details or clarifications

Important Dates

  • Notice Date: December 05, 2025
  • Previous Notice Date: December 04, 2025 (Notice No. 20251204-47)
  • Effective Date: December 19, 2025

Impact Assessment

Positive Impact:

  • Enhanced liquidity as the stock moves to Rolling segment allowing intraday trading
  • Greater trading flexibility for market participants
  • Reduced settlement restrictions compared to Trade for Trade segment

Trading Impact:

  • Trading Members need to update their systems and processes to accommodate the segment change
  • Investors will benefit from improved trading mechanisms and potential price discovery

Impact Justification

Segment transfer from Trade for Trade to Rolling segment impacts trading mechanism and liquidity for this SME IPO stock, affecting trading members and investors