Description

BSE notifies transfer of Fractal Industries Limited (SME IPO, Scrip Code: 544707) equity shares from Trade for Trade segment (MT Group) to Rolling segment (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 continues from Exchange Notice No. 20260223-23 dated February 23, 2026.

Key Points

  • Equity shares of Fractal Industries Limited (Scrip Code: 544707) will move from MT Group (Trade for Trade) to M Group (Rolling segment).
  • The transfer is effective from Wednesday, March 11, 2026.
  • This is a continuation of Notice No. 20260223-23 dated February 23, 2026.
  • Trading Members can contact Mr. Anurag Jain at Tel. No. 022-2272 8822 for further details.

Regulatory Changes

The scrip will transition from Trade for Trade (T+1 compulsory delivery, no netting) under the MT Group to the Rolling segment under the M Group, where normal netting and rolling settlement apply. This is a standard post-SME-IPO procedural shift.

Compliance Requirements

  • Trading Members should update their systems to reflect the new group classification (M Group) for Scrip Code 544707 effective March 11, 2026.
  • No specific action is required from investors, but they should be aware that settlement mechanics will change from compulsory delivery to rolling settlement.

Important Dates

  • February 23, 2026: Original notice (No. 20260223-23) issued by BSE.
  • February 24, 2026: This continuation notice issued.
  • March 11, 2026: Effective date of transfer from MT Group to M Group (Rolling segment).

Impact Assessment

This transition from Trade for Trade (MT Group) to Rolling segment (M Group) is a standard post-IPO milestone for SME-listed companies. It typically improves liquidity as netting is now permitted, reducing the margin and settlement burden on traders. Investors holding the scrip may see increased trading activity post-transition. The impact is moderate and routine in nature, with no adverse regulatory implications.

Impact Justification

Routine post-IPO segment transfer from Trade for Trade (MT Group) to Rolling segment (M Group) for an SME stock; affects trading mechanics and liquidity for existing holders but is a standard procedural milestone.