Description
Modern Diagnostic & Research Centre Limited (544673) to be added to the BSE SME IPO Index effective January 08, 2026.
Summary
BSE announces the addition of Modern Diagnostic & Research Centre Limited (Exchange ticker: 544673) to the BSE SME IPO Index effective at the open of Thursday, January 08, 2026. The company is being listed on BSE on Wednesday, January 07, 2026.
Key Points
- Modern Diagnostic & Research Centre Limited (544673) listed on BSE on January 07, 2026
- Stock will be added to BSE SME IPO Index on January 08, 2026
- Addition effective at market open on January 08, 2026
- Corporate action included in end-of-day corporate action file (*.SDE)
- Reference made to Notice No. 20260106-16
Regulatory Changes
No regulatory changes. This is a routine index constituency update following a new SME listing.
Compliance Requirements
No specific compliance requirements for market participants. Index tracking funds and ETFs may need to rebalance portfolios to reflect the new index composition.
Important Dates
- January 07, 2026: Modern Diagnostic & Research Centre Limited listing date on BSE
- January 08, 2026: Effective date for addition to BSE SME IPO Index (at market open)
Impact Assessment
Market Impact: Minimal. This is a routine index addition affecting only the BSE SME IPO Index.
Operational Impact: Index funds tracking the BSE SME IPO Index will need to include this stock in their portfolios. The addition has been communicated in advance to allow for proper rebalancing.
Investor Impact: Passive investors tracking the BSE SME IPO Index will gain exposure to Modern Diagnostic & Research Centre Limited through their index holdings.
Impact Justification
Routine index addition following SME listing, affects single stock with limited market-wide impact