Description
Revised date for transfer of Modern Diagnostic & Research Centre Limited equity shares from Trade for Trade segment to Rolling segment, now effective January 22, 2026 instead of January 21, 2026 due to trading holiday.
Summary
BSE has revised the date for transferring equity shares of Modern Diagnostic & Research Centre Limited (Scrip Code: 544673) from the Trade for Trade segment (MT Group) to the Rolling segment (M Group). The transfer will now be effective from Thursday, January 22, 2026, instead of the previously announced Wednesday, January 21, 2026. This change is due to a trading holiday on Thursday, January 15, 2026, for Municipal Corporation Elections in Maharashtra 2026.
Key Points
- Company: Modern Diagnostic & Research Centre Limited - SME IPO
- Scrip Code: 544673
- Revised effective date: Thursday, January 22, 2026
- Previous effective date: Wednesday, January 21, 2026
- Transfer: From Trade for Trade segment (MT Group) to Rolling segment (M Group)
- Reason for revision: Trading holiday on January 15, 2026 due to Maharashtra Municipal Corporation Elections
- This circular updates previous notices dated January 6, 7, and 12, 2026
Regulatory Changes
No new regulatory changes. This is a schedule update to previously announced segment transfer due to an intervening trading holiday.
Compliance Requirements
- Trading members must note the revised effective date of January 22, 2026 for the segment transfer
- All dealings in the company’s equity shares will be shifted under M Group from the revised date
- Trading members may contact Mr. Anurag Jain at 022-2272 8822 for further details
Important Dates
- January 13, 2026: Circular issue date
- January 15, 2026: Trading holiday (Maharashtra Municipal Corporation Elections)
- January 22, 2026: New effective date for transfer from MT Group to M Group (revised from January 21, 2026)
Impact Assessment
Market Impact: Medium - The one-day postponement affects trading planning for market participants dealing with this SME stock. The shift from Trade for Trade segment to Rolling segment will improve liquidity and trading flexibility once implemented.
Operational Impact: Trading members need to update their systems and processes with the revised date. The transition from MT Group to M Group changes settlement and trading parameters for this security.
Investor Impact: Investors holding or planning to trade this stock should be aware of the revised timeline for the segment change, which will affect trading conditions and settlement cycles.
Impact Justification
Schedule revision for segment transfer due to trading holiday affects trading members and investors in this SME stock, requiring updated planning for the transition from MT Group to M Group.