Description

MODERN DIAGNOSTIC & RESEARCH CENTRE LIMITED equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective January 21, 2026.

Summary

BSE has announced that equity shares of MODERN DIAGNOSTIC & RESEARCH CENTRE LIMITED (Scrip Code: 544673) 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 company’s SME IPO listing and represents a transition to normal rolling settlement trading.

Key Points

  • Stock to be moved from MT Group (Trade for Trade) to M Group (Rolling segment)
  • Effective date: Wednesday, January 21, 2026
  • Scrip Code: 544673
  • Segment: SME
  • This is a continuation of Notice No. 20260106-16 dated January 06, 2026
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822 for further details

Regulatory Changes

The trading mechanism for MODERN DIAGNOSTIC & RESEARCH CENTRE LIMITED will change from:

  • Current: Trade for Trade settlement (MT Group) - where each trade is settled individually
  • New: Rolling settlement (M Group) - standard T+2 settlement cycle

This represents a standard transition for SME IPO stocks moving from restricted trading to normal market operations.

Compliance Requirements

  • Trading members must update their systems to reflect the group change
  • Existing positions and orders should be reviewed before the transition date
  • Trading members should contact the designated BSE official for any clarifications
  • No action required from investors; change is administrative

Important Dates

  • Notice Date: January 7, 2026
  • Effective Date: January 21, 2026 (Wednesday)
  • Reference Notice: January 6, 2026 (Notice No. 20260106-16)

Impact Assessment

Market Impact: Medium positive. The shift from Trade for Trade to Rolling segment typically:

  • Improves liquidity as rolling settlement is more flexible than T2T
  • Reduces trading restrictions and allows for intraday trading
  • May attract more market participants due to easier trading conditions
  • Signals completion of post-IPO stabilization period

Operational Impact: Trading members need to update internal systems and ensure proper categorization of the scrip in the new group. Investors will benefit from more flexible trading conditions under rolling settlement.

Impact Justification

Group migration from Trade for Trade to Rolling segment affects trading conditions and liquidity for the stock but is a standard post-IPO transition for SME listings