Description
Transfer of Modern Diagnostic & Research Centre Limited equity shares from Trade for Trade segment to Rolling segment rescheduled to January 22, 2026 due to Maharashtra Municipal Corporation Elections trading holiday.
Summary
BSE has updated the schedule for transferring Modern Diagnostic & Research Centre Limited (Scrip Code: 544673) equity shares from Trade for Trade segment (MT Group) to Rolling segment. The transfer date has been postponed by one day 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. Upon transfer, the stock will be shifted to M Group.
Key Points
- Modern Diagnostic & Research Centre Limited is an SME IPO listed stock (Scrip Code: 544673)
- Transfer from Trade for Trade segment (MT Group) to Rolling segment postponed by one day
- Original transfer date: Wednesday, January 21, 2026
- Revised transfer date: Thursday, January 22, 2026
- Reason for postponement: Trading holiday on January 15, 2026 for Maharashtra Municipal Corporation Elections
- Stock will be shifted to M Group upon transfer to Rolling segment
- This circular updates previous notices dated January 6, 7, and 12, 2026
Regulatory Changes
No new regulatory changes introduced. This is a schedule update for previously announced segment transfer.
Compliance Requirements
Trading Members should note the revised transfer date and adjust their trading strategies accordingly for Modern Diagnostic & Research Centre Limited equity shares.
Important Dates
- January 13, 2026: Circular issue date
- January 15, 2026: Trading holiday due to Municipal Corporation Elections in Maharashtra
- January 22, 2026: New effective date for transfer from Trade for Trade segment to Rolling segment (M Group)
- Previous notices referenced: January 6, 7, and 12, 2026
Impact Assessment
The one-day postponement has minimal market impact. Trading Members dealing in Modern Diagnostic & Research Centre Limited shares should adjust their schedules to account for the revised January 22, 2026 transfer date. The shift from Trade for Trade to Rolling segment with M Group classification will provide enhanced liquidity and normal settlement cycles for this SME IPO stock. The postponement ensures proper market functioning around the Maharashtra election trading holiday.
Contact Information
For further details, Trading Members may contact:
- Mr. Anurag Jain
- Tel: 022-2272 8822
Issued by: Hardik Bhuta, Assistant Vice President, BSE
Impact Justification
Schedule change for segment transfer of SME IPO stock affects trading arrangements but is a one-day postponement due to trading holiday