Description

DEFRAIL TECHNOLOGIES LIMITED equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective February 02, 2026.

Summary

BSE has announced that equity shares of DEFRAIL TECHNOLOGIES LIMITED (Scrip Code: 544677), currently listed on the SME platform, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment effective February 02, 2026. Following this transition, the company’s shares will be shifted to M Group for regular trading operations.

Key Points

  • Company: DEFRAIL TECHNOLOGIES LIMITED - SME IPO
  • Scrip Code: 544677
  • Current Status: Trade for Trade segment (MT Group)
  • New Status: Rolling segment (M Group)
  • Effective Date: Monday, February 02, 2026
  • Notice Number: 20260119-43
  • Reference: Continuation of Exchange Notice No. 20260116-41 dated January 16, 2026

Regulatory Changes

The trading mechanism for DEFRAIL TECHNOLOGIES LIMITED will transition from a restrictive Trade for Trade (T2T) segment to the more liquid Rolling settlement segment. This change allows for intraday trading and standard settlement cycles instead of compulsory delivery-based trading.

Compliance Requirements

  • Trading Members must update their systems to reflect the group change from MT to M Group
  • All existing positions and orders should be managed according to the new segment rules from February 02, 2026
  • Trading Members requiring clarification should contact Mr. Anurag Jain at Tel. No. 022-2272 8822

Important Dates

  • January 16, 2026: Initial notice issued (Notice No. 20260116-41)
  • January 19, 2026: Confirmatory notice issued (Notice No. 20260119-43)
  • February 02, 2026: Effective date for transfer to Rolling segment (M Group)

Impact Assessment

This change represents a positive development for DEFRAIL TECHNOLOGIES LIMITED shareholders as it:

  • Improves liquidity by allowing intraday trading instead of delivery-only transactions
  • Reduces trading restrictions associated with the MT (Trade for Trade) Group
  • Indicates the company has met BSE’s criteria for graduating from the restrictive T2T segment
  • May attract increased trading interest due to reduced settlement constraints
  • Benefits retail and institutional investors with more flexible trading options

The move to M Group is typically seen as a sign of improved compliance and reduced surveillance concerns.

Impact Justification

Change from restrictive Trade for Trade segment to more liquid Rolling segment improves trading flexibility for DEFRAIL TECHNOLOGIES, but impacts only a single SME stock with scrip code 544677.