Description
BSE notifies transfer of Fractal Industries Limited (SME IPO, Scrip Code: 544707) from Trade for Trade segment (MT Group) to Rolling segment under M Group, effective March 11, 2026.
Summary
BSE has announced that the equity shares of Fractal Industries Limited (SME IPO, Scrip Code: 544707) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) with effect from Wednesday, March 11, 2026. This notice is in continuation of Exchange Notice No. 20260223-23 dated February 23, 2026.
Key Points
- Scrip Code: 544707 (FRACTAL INDUSTRIES LIMITED — SME IPO)
- Transfer from Trade for Trade segment (MT Group) to Rolling segment (M Group)
- Effective date: Wednesday, March 11, 2026
- Issued in continuation of Notice No. 20260223-23 dated February 23, 2026
- Contact person: Mr. Anurag Jain, Tel: 022-2272 8822
Regulatory Changes
The equity shares of Fractal Industries Limited will no longer be traded under the Trade for Trade (MT Group) mechanism. Starting March 11, 2026, dealings will be conducted under the M Group (Rolling segment), which follows standard rolling settlement norms.
Compliance Requirements
Trading Members are advised to take note of the group change and update their systems accordingly to reflect the new segment classification (M Group) effective March 11, 2026. Members requiring clarification may contact Mr. Anurag Jain at Tel. No. 022-2272 8822.
Important Dates
- February 23, 2026: Original notice issued (Notice No. 20260223-23)
- February 24, 2026: This follow-up notice issued
- March 11, 2026: Effective date for transfer to Rolling segment (M Group)
Impact Assessment
The transition from Trade for Trade (MT Group) to Rolling segment (M Group) is a positive development for market participants holding or trading Fractal Industries Limited shares. Trade for Trade segments restrict netting of positions and require compulsory delivery, which limits liquidity. Moving to the Rolling segment allows intraday trading, netting of positions, and normal settlement, thereby improving trading flexibility and potentially increasing participation in the scrip.
Impact Justification
Affects trading mechanism for Fractal Industries Limited SME IPO shares — transition from restricted Trade for Trade (MT Group) to normal Rolling segment (M Group) increases liquidity and trading flexibility for market participants.