Description
NEPTUNE LOGITEK LIMITED (Scrip Code: 544663) equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 06, 2026.
Summary
BSE has announced that the equity shares of NEPTUNE LOGITEK LIMITED (Scrip Code: 544663) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment, with dealings shifted to M Group, effective January 06, 2026. This change follows the company’s SME IPO listing.
Key Points
- Company: NEPTUNE LOGITEK LIMITED (Scrip Code: 544663)
- Current segment: Trade for Trade segment (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: Tuesday, January 06, 2026
- This is a continuation of Exchange Notice No. 20251219-70 dated December 19, 2025
- Contact person: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The equity shares will transition from restricted Trade for Trade settlement to normal Rolling settlement, allowing for standard T+2 settlement cycle and improved liquidity. The group classification changes from MT Group to M Group.
Compliance Requirements
Trading Members should:
- Update their systems to reflect the segment and group change
- Inform clients about the transition from Trade for Trade to Rolling settlement
- Contact Mr. Anurag Jain for clarifications or further details
- Ensure trading systems are configured for M Group classification from the effective date
Important Dates
- December 19, 2025: Original notice issued (Notice No. 20251219-70)
- December 22, 2025: Confirmation notice issued
- January 06, 2026: Effective date for segment transfer and group change
Impact Assessment
This segment change is positive for NEPTUNE LOGITEK shares as it indicates the company has met the requirements to move from the restrictive Trade for Trade segment to the more liquid Rolling settlement segment. The transfer to M Group allows for normal intraday trading and T+2 settlement, potentially increasing trading volumes and liquidity. Trading members and investors should note the improved trading flexibility starting January 06, 2026.
Impact Justification
Segment transfer from Trade for Trade to Rolling settlement affects trading mechanics for NEPTUNE LOGITEK shares, improving liquidity but requires trader awareness of the group change from MT to M Group.