Description

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) effective March 11, 2026.

Summary

BSE has announced that equity shares of Fractal Industries Limited (SME IPO, Scrip Code: 544707) will be migrated from the Trade for Trade segment (MT Group) to the Rolling segment (M Group), effective Wednesday, March 11, 2026. This follows Exchange Notice No. 20260223-23 dated February 23, 2026.

Key Points

  • Scrip Code: 544707 (Fractal Industries Limited – SME IPO)
  • Current segment: Trade for Trade (MT Group)
  • Target segment: Rolling settlement (M Group)
  • Effective date: Wednesday, March 11, 2026
  • This is a continuation of the earlier 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 move from the Trade for Trade (MT Group) settlement mechanism to the standard Rolling settlement (M Group). In Trade for Trade, each transaction must be settled individually with mandatory delivery; Rolling settlement allows netting of trades and standard T+1 settlement.

Compliance Requirements

  • Trading Members must update their systems to reflect the segment change effective March 11, 2026
  • Members should note that trades in this scrip post-migration will follow Rolling segment settlement rules under M Group
  • Members may contact Mr. Anurag Jain at 022–2272 8822 for clarifications

Important Dates

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

Impact Assessment

This migration from Trade for Trade (MT Group) to Rolling segment (M Group) is operationally significant for traders and investors in Fractal Industries Limited. Post-migration, the stock will be eligible for normal Rolling settlement, potentially improving liquidity and easing trading restrictions that are typically imposed under the Trade for Trade mechanism. Traders holding positions should be aware of the change in settlement obligations from March 11, 2026 onwards.

Impact Justification

Routine segment migration for an SME IPO stock from Trade for Trade (MT Group) to Rolling settlement (M Group), affecting trading mechanics and settlement for market participants holding or trading this scrip.