Description

NEPTUNE LOGITEK LIMITED 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 equity shares of NEPTUNE LOGITEK LIMITED (Scrip Code: 544663), an SME IPO company, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective January 06, 2026. This change follows the exchange’s previous notice dated December 19, 2025.

Key Points

  • Company: NEPTUNE LOGITEK LIMITED (SME IPO)
  • Scrip Code: 544663
  • Current Group: MT Group (Trade for Trade segment)
  • New Group: M Group (Rolling segment)
  • Effective Date: Tuesday, January 06, 2026
  • Notice Number: 20251222-1
  • Previous Related Notice: 20251219-70 dated December 19, 2025

Regulatory Changes

The equity shares will transition from Trade for Trade settlement mechanism to Rolling settlement mechanism. This represents a shift in the trading and settlement framework applicable to the scrip.

Compliance Requirements

Trading Members are required to:

  • Update their systems to reflect the group change from MT to M Group
  • Adjust trading strategies to accommodate rolling settlement instead of trade-for-trade settlement
  • Contact Mr. Anurag Jain (Tel: 022-2272 8822) for further details or clarifications

Important Dates

  • December 19, 2025: Previous related notice issued (Notice No. 20251219-70)
  • December 22, 2025: Current notice issued
  • January 06, 2026: Effective date for group transfer from MT to M Group

Impact Assessment

The transfer from Trade for Trade (MT Group) to Rolling settlement (M Group) will:

  • Increase Liquidity: Rolling settlement typically provides better liquidity compared to trade-for-trade mechanism
  • Change Settlement Cycle: Impact settlement timelines and margin requirements for traders
  • Trading Flexibility: Allow for intraday trading and netting of positions, which is restricted in trade-for-trade segment
  • Risk Profile: Modify the risk management framework applicable to the scrip
  • Market Participants: Primarily affects trading members and investors holding or trading NEPTUNE LOGITEK LIMITED shares

Impact Justification

Group transfer from MT to M Group affects trading settlement for NEPTUNE LOGITEK LIMITED, impacting liquidity and trading mechanisms for market participants dealing with this SME IPO stock.