Description

WESTERN OVERSEAS STUDY ABROAD LIMITED equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective December 26, 2025.

Summary

BSE has announced that the equity shares of WESTERN OVERSEAS STUDY ABROAD LIMITED (Scrip Code: 544636), an SME IPO company, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective December 26, 2025. This follows the exchange’s previous notice dated December 10, 2025.

Key Points

  • Company: WESTERN OVERSEAS STUDY ABROAD LIMITED (SME IPO)
  • Scrip Code: 544636
  • Current Segment: Trade for Trade segment (MT Group)
  • New Segment: Rolling segment (M Group)
  • Effective Date: Friday, December 26, 2025
  • Notice Number: 20251211-2
  • Previous Related Notice: 20251210-53 dated December 10, 2025

Regulatory Changes

The equity shares will transition from Trade for Trade basis to Rolling settlement, allowing for more liquid trading with standard settlement cycles instead of immediate delivery requirements.

Compliance Requirements

  • Trading Members should note the change in trading methodology effective December 26, 2025
  • Members requiring clarification may contact Mr. Anurag Jain (Tel: 022-2272 8822)
  • All trading systems and risk management frameworks should be updated to reflect the new group classification

Important Dates

  • December 10, 2025: Initial notice issued (Notice No. 20251210-53)
  • December 11, 2025: Confirmation notice issued (Notice No. 20251211-2)
  • December 26, 2025: Effective date for transfer to Rolling segment (M Group)

Impact Assessment

This is a standard post-IPO transition that enhances liquidity for the stock. The move from Trade for Trade (MT Group) to Rolling segment (M Group) allows for regular market operations with T+2 settlement instead of compulsory delivery, potentially increasing trading volumes and market participation. Trading members need to adjust their operational systems but this is routine for SME IPO graduations.

Impact Justification

Routine post-IPO migration from Trade for Trade to Rolling segment affects trading methodology for this SME IPO stock but is standard procedure with moderate impact on market participants