Description

Transfer of PAJSON AGRO INDIA LIMITED equity shares from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 02, 2025.

Summary

BSE has announced the transfer of equity shares of PAJSON AGRO INDIA LIMITED (Scrip Code: 544657) from the Trade for Trade segment (MT Group) to the Rolling segment (M Group), effective from Friday, January 02, 2025. This change follows the company’s SME IPO listing and represents a shift from restrictive trading conditions to regular settlement mechanisms.

Key Points

  • Company: PAJSON AGRO INDIA LIMITED (SME IPO)
  • Scrip Code: 544657
  • Current Group: MT Group (Trade for Trade segment)
  • New Group: M Group (Rolling segment)
  • Effective Date: Friday, January 02, 2025
  • Notice continues from Exchange Notice No. 20251217-55 dated December 17, 2025
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The equity shares will move from Trade for Trade settlement (MT Group) where each transaction requires full delivery and payment, to Rolling settlement (M Group) which allows normal T+1 settlement cycles. This represents a relaxation of trading restrictions typically imposed on newly listed SME IPOs.

Compliance Requirements

  • Trading Members must update their systems to reflect the group change from MT to M Group
  • All trading in PAJSON AGRO INDIA LIMITED shares must be conducted under M Group parameters from January 02, 2025
  • Trading Members requiring clarification should contact the designated BSE official

Important Dates

  • December 17, 2025: Initial notice issued (Notice No. 20251217-55)
  • December 18, 2025: Confirmation notice issued (Notice No. 20251218-2)
  • January 02, 2025: Effective date for group change from MT to M Group

Impact Assessment

Market Impact: Medium. The transition from Trade for Trade to Rolling settlement will improve liquidity and ease of trading for PAJSON AGRO INDIA LIMITED shares. Investors will benefit from standard settlement cycles instead of immediate delivery requirements.

Operational Impact: Trading Members need to reconfigure trading terminals and update internal systems to reflect the new group classification. The change indicates the company has completed initial stabilization period post-SME IPO listing.

Liquidity Impact: Positive. Rolling settlement typically attracts more participants and trading volume compared to restrictive Trade for Trade mechanisms, potentially improving price discovery and market depth for the scrip.

Impact Justification

Segment transfer from restrictive Trade for Trade to regular Rolling settlement affects trading flexibility for PAJSON AGRO INDIA LIMITED shares, impacting liquidity and trading mechanisms for market participants.