Description
Purple Wave Infocom Limited (Scrip Code: 544627) to 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’s equity shares from the Trade for Trade segment (MT Group) to the Rolling settlement segment (M Group), effective December 19, 2025. This change is in continuation of Exchange Notice No. 20251204-47 dated December 4, 2025.
Key Points
- Company: Purple Wave Infocom Limited (SME IPO)
- Scrip Code: 544627
- Current Segment: Trade for Trade (MT Group)
- New Segment: Rolling settlement (M Group)
- Effective Date: December 19, 2025
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
- Notice Issued By: Hardik Bhuta, Assistant Vice President
Regulatory Changes
The equity shares will transition from mandatory delivery-based trading (Trade for Trade segment) to normal rolling settlement, allowing both intraday and delivery-based trading.
Compliance Requirements
Trading members should note the change in trading segment and adjust their systems and processes accordingly. For further details, members may contact Mr. Anurag Jain at the provided telephone number.
Important Dates
- Notice Date: December 5, 2025
- Previous Notice: December 4, 2025 (Notice No. 20251204-47)
- Effective Date: December 19, 2025
Impact Assessment
This transition represents a standard progression for SME IPO stocks, moving from the more restrictive Trade for Trade segment to regular rolling settlement. This will increase liquidity and trading flexibility for the stock, allowing for intraday trading in addition to delivery-based transactions. The change is expected to positively impact trading volumes and market participation.
Impact Justification
Routine post-IPO transition from Trade for Trade to Rolling settlement segment, affecting trading dynamics for this SME stock