Description

B.A.G. Convergence Limited (BAGDIGITAL) to be transferred from trade for trade segment to rolling segment effective October 24, 2025.

Summary

NSE has announced that B.A.G. Convergence Limited (Symbol: BAGDIGITAL) will be transferred from the trade for trade segment (Series: ST) to the rolling segment (Series: SM) effective October 24, 2025. This follows Exchange Circular NSE/CML/70673 dated October 07, 2025 and is pursuant to SEBI guidelines (CIR/MRD/DP/02/2012 dated January 20, 2012).

Key Points

  • Security: B.A.G. Convergence Limited (BAGDIGITAL)
  • Current segment: Trade for Trade (Series: ST)
  • New segment: Rolling Segment (Series: SM)
  • Effective date: October 24, 2025
  • Reference: Prior circular NSE/CML/70673 dated October 07, 2025

Regulatory Changes

The segment transfer is in accordance with SEBI circular reference no. CIR/MRD/DP/02/2012 dated January 20, 2012, which governs the movement of securities between trading segments.

Compliance Requirements

No specific compliance actions required. Members should note the segment change for BAGDIGITAL and update their systems accordingly before the effective date.

Important Dates

  • October 08, 2025: Circular issued
  • October 24, 2025: Effective date of segment transfer from ST to SM series

Impact Assessment

This is a positive development for BAGDIGITAL as the transfer from trade-for-trade to rolling segment allows for intraday trading and typically indicates improved compliance or trading behavior. Impact is limited to this single SME stock and its market participants.

Impact Justification

Routine segment transfer for a single SME stock from trade-for-trade to rolling segment, affecting only trading mechanics for BAGDIGITAL