Description
Global Ocean Logistics India Limited equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 08, 2026.
Summary
BSE has announced that equity shares of Global Ocean Logistics India Limited (Scrip Code: 544665), an SME IPO, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective January 08, 2026. This follows the exchange’s earlier notice dated December 23, 2025.
Key Points
- Company: Global Ocean Logistics India Limited (SME IPO)
- Scrip Code: 544665
- Current Segment: Trade for Trade (MT Group)
- New Segment: Rolling Settlement (M Group)
- Effective Date: Thursday, January 08, 2026
- Previous Notice: Notice No. 20251223-35 dated December 23, 2025
Regulatory Changes
The trading mechanism for Global Ocean Logistics India Limited will transition from Trade for Trade settlement to Rolling settlement, allowing for standard T+2 settlement cycles instead of full delivery-based trading.
Compliance Requirements
Trading members should:
- Note the segment change effective January 08, 2026
- Update their systems to reflect the new group classification (M Group)
- Contact Mr. Anurag Jain (Tel: 022-2272 8822) for further details or clarifications
Important Dates
- December 23, 2025: Initial notice issued (Notice No. 20251223-35)
- December 24, 2025: Current notice date
- January 08, 2026: Effective date of group change from MT to M Group
Impact Assessment
This change represents a standard progression for an SME IPO stock, moving from restricted Trade for Trade settlement to regular Rolling settlement. The transition indicates normal post-listing progression and will provide greater liquidity and trading flexibility for investors. Trading members need to update their systems accordingly but this is a routine operational change.
Impact Justification
Standard group migration from Trade for Trade to Rolling settlement for SME IPO stock, affecting trading mechanism but not unusual