Description
Apollo Techno Industries Limited equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 14, 2026.
Summary
BSE has announced that the equity shares of Apollo Techno Industries Limited (Scrip Code: 544671), which recently completed its SME IPO, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective January 14, 2026. This transition represents a shift from a more restrictive trading framework to a standard rolling settlement mechanism.
Key Points
- Apollo Techno Industries Limited shares (Scrip Code: 544671) to move from MT Group to M Group
- Transfer from Trade for Trade segment to Rolling segment
- Company is an SME IPO listing
- Contact person: Mr. Anurag Jain (Tel: 022-2272 8822) for further details
- Notice issued by Hardik Bhuta, Assistant Vice President
- This notice is in continuation to Exchange Notice No. 20251230-30 dated December 30, 2025
Regulatory Changes
The trading mechanism for Apollo Techno Industries Limited will change from:
- Current: Trade for Trade segment (MT Group) - where each trade requires full upfront delivery and payment
- New: Rolling segment (M Group) - standard rolling settlement with T+1 settlement cycle
This change indicates the stock is transitioning from a restrictive trading framework typically applied to newly listed or volatile securities to normal market operations.
Compliance Requirements
- Trading members must update their systems to reflect the new group classification
- Existing positions and pending orders may need to be reviewed based on the new trading mechanism
- Members should contact Mr. Anurag Jain for clarification on transition procedures
Important Dates
- Notice Date: December 31, 2025
- Previous Notice Reference: December 30, 2025 (Notice No. 20251230-30)
- Effective Date: January 14, 2026 (Wednesday)
Impact Assessment
Positive Impact:
- Enhanced liquidity as the stock moves to rolling settlement
- Greater trading flexibility for investors with intraday trading possibilities
- Reduced settlement burden compared to Trade for Trade mechanism
- Lower transaction costs typically associated with rolling segment
Operational Impact:
- Trading members need to reconfigure systems and update client communications
- Investors will have access to margin trading facilities (subject to broker policies)
- Settlement cycle changes from immediate delivery to T+1 rolling settlement
Market Significance: This is a routine progression for SME IPO stocks that have stabilized post-listing, indicating BSE’s confidence in the stock’s trading patterns and the company’s compliance with listing requirements.
Impact Justification
Routine group change for SME IPO stock from restrictive Trade for Trade segment to more liquid Rolling segment, affecting trading flexibility and liquidity for investors