Description

SHIPWAVES ONLINE LIMITED equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 01, 2026.

Summary

BSE has announced that the equity shares of SHIPWAVES ONLINE LIMITED (Scrip Code: 544646), currently trading in the Trade for Trade segment (MT Group), will be transferred to the Rolling segment and shifted to M Group effective January 01, 2026. This change follows the company’s SME IPO listing.

Key Points

  • SHIPWAVES ONLINE LIMITED equity shares to be transferred from MT Group to M Group
  • Transfer from Trade for Trade segment to Rolling segment
  • Scrip Code: 544646
  • Company listed under SME IPO segment
  • Change follows Exchange Notice No. 20251216-55 dated December 16, 2025

Regulatory Changes

The trading mechanism for SHIPWAVES ONLINE LIMITED will change from:

  • Current: Trade for Trade segment (MT Group) - requires compulsory delivery of shares
  • New: Rolling segment (M Group) - allows intraday trading and standard settlement cycles

This represents a relaxation of trading restrictions, typically applied after successful completion of initial listing requirements.

Compliance Requirements

  • Trading Members should note the segment and group change in their systems
  • Update internal records to reflect the new group classification (M Group)
  • For further clarification, Trading Members may contact Mr. Anurag Jain on Tel. No. 022-2272 8822

Important Dates

  • Notice Date: December 17, 2025
  • Effective Date: January 01, 2026 (Thursday)
  • Reference Notice: Notice No. 20251216-55 dated December 16, 2025

Impact Assessment

Market Impact: Medium - The shift to Rolling segment is positive for the stock as it:

  • Increases liquidity by allowing intraday trading
  • Removes compulsory delivery requirements
  • Enables standard settlement cycles
  • May attract more retail and institutional participation

Trading Impact: Existing shareholders and traders will benefit from improved trading flexibility. The move from Trade for Trade to Rolling segment indicates the stock has met BSE’s criteria for normal trading operations post-IPO.

Impact Justification

Segment transfer from Trade for Trade to Rolling segment affects trading mechanism for SHIPWAVES ONLINE LIMITED, impacting liquidity and settlement for shareholders and traders.