Description

SHIPWAVES ONLINE LIMITED (Scrip Code: 544646) will 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 previous notice dated December 16, 2025.

Key Points

  • Company affected: SHIPWAVES ONLINE LIMITED (SME IPO)
  • Scrip Code: 544646
  • Current segment: Trade for Trade (MT Group)
  • New segment: Rolling segment (M Group)
  • Effective date: Thursday, January 01, 2026
  • Notice continuation from: Notice No. 20251216-55 dated December 16, 2025
  • Contact person: Mr. Anurag Jain (Tel: 022-2272 8822)

Regulatory Changes

The trading mechanism for SHIPWAVES ONLINE LIMITED will shift from Trade for Trade settlement to Rolling settlement. This change indicates that the stock will move from a more restrictive trading framework (where each trade settles individually) to a regular rolling settlement cycle, allowing for more flexible trading and potentially improved liquidity.

Compliance Requirements

  • Trading Members must update their systems and records to reflect the group change from MT to M Group
  • Trading Members should contact Mr. Anurag Jain on Tel. No. 022-2272 8822 for further details and clarifications
  • Necessary adjustments should be made before the effective date of January 01, 2026

Important Dates

  • Notice Date: December 17, 2025
  • Previous Notice Date: December 16, 2025 (Notice No. 20251216-55)
  • Effective Date of Group Change: Thursday, January 01, 2026

Impact Assessment

The transition from Trade for Trade segment to Rolling segment is generally a positive development for an SME IPO stock. This change suggests:

  • Enhanced Liquidity: Rolling settlement typically allows for better liquidity compared to Trade for Trade
  • Improved Trading Flexibility: Investors will have more flexibility in trading the stock
  • Market Confidence: The move may indicate improved compliance and stability metrics for the company
  • Trading Member Impact: Trading members need to update their operational systems to accommodate the segment change
  • Investor Impact: Existing and potential investors will benefit from improved trading conditions and potentially tighter bid-ask spreads

Impact Justification

Transition from Trade for Trade to Rolling segment indicates improved liquidity and trading flexibility for SHIPWAVES ONLINE LIMITED, impacting trading members and investors in this SME IPO stock.