Description

Global Ocean Logistics India Limited (Scrip Code: 544665) to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 08, 2026.

Summary

BSE has announced that the equity shares of Global Ocean Logistics India Limited (Scrip Code: 544665), an SME IPO listing, will be transferred from the Trade for Trade segment (MT Group) to the Rolling settlement segment (M Group) effective January 08, 2026. This change follows the Exchange’s Notice No. 20251223-35 dated December 23, 2025.

Key Points

  • Company: Global Ocean Logistics India Limited (SME IPO)
  • Scrip Code: 544665
  • Current Group: MT Group (Trade for Trade segment)
  • New Group: M Group (Rolling settlement segment)
  • Change Date: Thursday, January 08, 2026
  • Previous Notice Reference: Notice No. 20251223-35 dated December 23, 2025
  • Contact Person: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The equity shares will be shifted from a restrictive Trade for Trade settlement mechanism to a more liquid Rolling settlement mechanism. Trade for Trade segment typically requires full upfront payment and delivery, while Rolling settlement allows for normal T+2 settlement cycles and intraday trading.

Compliance Requirements

  • Trading Members should take note of the group change effective January 08, 2026
  • Trading Members may contact Mr. Anurag Jain for further clarification or details regarding this transition
  • All trading systems and risk management parameters should be updated to reflect the new group classification

Important Dates

  • December 23, 2025: Previous notice issued (Notice No. 20251223-35)
  • December 24, 2025: Current notice issued
  • January 08, 2026: Effective date of transfer from MT Group to M Group

Impact Assessment

Market Impact: This change is positive for the stock’s liquidity as it moves from a restrictive Trade for Trade segment to Rolling settlement. This typically indicates the company has met BSE’s criteria for normal trading and should result in improved trading volumes and price discovery.

Operational Impact: Trading members will need to update their systems and trading strategies for this scrip. The move to M Group allows for margin trading, short selling (subject to regulations), and more flexible position management compared to the Trade for Trade segment.

Investor Impact: Retail and institutional investors will benefit from improved liquidity and the ability to trade the stock under normal settlement conditions rather than requiring full upfront payment.

Impact Justification

Routine administrative change affecting trading mechanism for a single SME stock, moving from restrictive Trade for Trade to normal Rolling settlement, which improves liquidity.