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 equity shares of PURPLE WAVE INFOCOM LIMITED (Scrip Code: 544627), currently trading in the Trade for Trade segment (MT Group), will be transferred to the Rolling segment under M Group effective December 19, 2025. This follows the company’s SME IPO listing.
Key Points
- Company: PURPLE WAVE INFOCOM LIMITED (SME IPO)
- Scrip Code: 544627
- Current Group: MT Group (Trade for Trade segment)
- New Group: M Group (Rolling segment)
- Transfer Date: Friday, December 19, 2025
- Notice references previous Notice No. 20251204-47 dated December 04, 2025
Regulatory Changes
The trading mechanism for PURPLE WAVE INFOCOM LIMITED will change from Trade for Trade settlement to Rolling settlement, allowing for more flexible trading and settlement cycles.
Compliance Requirements
Trading Members should:
- Update their systems to reflect the group change from MT to M Group
- Prepare for transition from Trade for Trade to Rolling segment trading
- Contact Mr. Anurag Jain at Tel. No. 022-2272 8822 for further details or clarifications
Important Dates
- Notice Date: December 05, 2025
- Effective Date: December 19, 2025 (Friday)
- Previous Related Notice: December 04, 2025 (Notice No. 20251204-47)
Impact Assessment
Market Impact: The transition from Trade for Trade (T2T) to Rolling segment indicates improved liquidity and trading flexibility for PURPLE WAVE INFOCOM LIMITED shares. This change typically follows successful SME IPO completion and initial stabilization period.
Trading Impact: Investors and traders will benefit from:
- Reduced settlement restrictions
- Enhanced liquidity through rolling settlement
- More flexible position management
- Potential for intraday trading opportunities
Operational Impact: Trading members need to ensure system readiness for the segment migration by December 19, 2025.
Impact Justification
Segment transfer from Trade for Trade to Rolling segment affects trading mechanism for a single SME stock, moderately impacting liquidity and trading flexibility for market participants.