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), an SME IPO company, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective January 01, 2026. This change follows the Exchange’s earlier notice dated December 16, 2025.
Key Points
- Company: SHIPWAVES ONLINE LIMITED - SME IPO
- Scrip Code: 544646
- Current Segment: Trade for Trade segment (MT Group)
- New Segment: Rolling segment (M Group)
- Effective Date: Thursday, January 01, 2026
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The equity shares will transition from MT Group (Trade for Trade segment) to M Group (Rolling segment), allowing for normal rolling settlement instead of trade-for-trade basis.
Compliance Requirements
Trading Members should note the segment change and adjust their trading systems accordingly. For further details or clarifications, Trading Members may contact Mr. Anurag Jain at the provided contact number.
Important Dates
- Notice Date: December 17, 2025
- Previous Notice: December 16, 2025 (Notice No. 20251216-55)
- Effective Date: January 01, 2026
Impact Assessment
This change enables more liquid trading for SHIPWAVES ONLINE LIMITED shares by moving from restrictive Trade for Trade segment to the standard Rolling segment. This typically indicates improved market confidence and allows for intraday trading and carry forward positions, potentially increasing trading volumes and liquidity.
Impact Justification
Routine segment transfer from Trade for Trade to Rolling segment for SME IPO stock, affecting trading mechanics but not operational for most market participants