Description
MODERN DIAGNOSTIC & RESEARCH CENTRE LIMITED (Scrip Code: 544673) equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 21, 2026.
Summary
BSE has announced that the equity shares of MODERN DIAGNOSTIC & RESEARCH CENTRE LIMITED (Scrip Code: 544673), an SME IPO stock, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective Wednesday, January 21, 2026. This change follows the exchange’s previous notice dated January 6, 2026.
Key Points
- Company: MODERN DIAGNOSTIC & RESEARCH CENTRE LIMITED (SME IPO)
- Scrip Code: 544673
- Current Segment: Trade for Trade segment (MT Group)
- New Segment: Rolling segment (M Group)
- Effective Date: Wednesday, January 21, 2026
- Notice Reference: Continuation of Notice No. 20260106-16 dated January 6, 2026
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The stock will transition from compulsory delivery-based trading (Trade for Trade segment) to normal rolling settlement, which allows both intraday and delivery-based trading. This change typically indicates that the stock has met BSE’s criteria for graduation from the more restrictive Trade for Trade segment.
Compliance Requirements
Trading members should:
- Update their systems to reflect the new group classification (M Group)
- Inform clients trading in this scrip about the change in trading mechanism
- Contact Mr. Anurag Jain for clarifications or additional details
Important Dates
- Notice Date: January 7, 2026
- Reference Notice Date: January 6, 2026 (Notice No. 20260106-16)
- Effective Date: January 21, 2026
Impact Assessment
This migration to the Rolling segment is a positive development for MODERN DIAGNOSTIC & RESEARCH CENTRE LIMITED as it:
- Improves liquidity by allowing intraday trading
- Reduces trading restrictions on the stock
- May attract more retail and institutional participation
- Indicates the company has met BSE’s requirements for normal trading classification
Trading members and investors can expect enhanced trading flexibility starting January 21, 2026.
Impact Justification
Migration from Trade for Trade to Rolling segment indicates improved liquidity conditions for the stock, allowing normal trading instead of compulsory delivery settlement. Medium impact as it affects trading mechanics for this specific SME stock.