Description

Transfer of Modern Diagnostic & Research Centre Limited equity shares from Trade for Trade segment (MT Group) to Rolling segment (M Group) rescheduled to January 22, 2026 due to trading holiday.

Summary

BSE has revised the schedule for transferring equity shares of Modern Diagnostic & Research Centre Limited (Scrip Code: 544673) from Trade for Trade segment (MT Group) to Rolling segment (M Group). The transfer date has been postponed from Wednesday, January 21, 2026 to Thursday, January 22, 2026 due to a trading holiday on January 15, 2026 for Municipal Corporation Elections in Maharashtra.

Key Points

  • Company: Modern Diagnostic & Research Centre Limited - SME IPO
  • Scrip Code: 544673
  • Segment: SME
  • Current trading: Trade for Trade segment (MT Group)
  • New trading: Rolling segment (M Group)
  • Original transfer date: Wednesday, January 21, 2026
  • Revised transfer date: Thursday, January 22, 2026
  • Reason for revision: Trading holiday on January 15, 2026 due to Municipal Corporation Elections in Maharashtra 2026
  • This is an update to previous notices dated January 6, 7, and 12, 2026

Regulatory Changes

No new regulatory changes. This circular provides a schedule update to previously announced group transfer.

Compliance Requirements

  • Trading members must note the revised effective date of January 22, 2026
  • Members should update their systems and processes accordingly
  • Contact: Mr. Anurag Jain (Tel: 022-2272 8822) for further details

Important Dates

  • January 13, 2026: Notice date (this circular)
  • January 15, 2026: Trading holiday (Municipal Corporation Elections in Maharashtra)
  • January 21, 2026: Original transfer date (now cancelled)
  • January 22, 2026: New effective date for group transfer from MT to M Group

Impact Assessment

The one-day postponement has limited operational impact. Trading members and investors in Modern Diagnostic & Research Centre Limited need to adjust their expectations for the segment transfer. The shift from Trade for Trade to Rolling segment will eventually allow for normal intraday trading and settlement, improving liquidity for this SME stock. The delay is purely administrative due to the unscheduled trading holiday and does not reflect any issues with the company or transfer process.

Impact Justification

Schedule revision affects trading operations for a single SME stock, impacting trading members and investors in this security due to one-day postponement caused by trading holiday