Description

NSE circular announcing the transfer of Adisoft Technologies Limited from trade for trade segment (series ST) to rolling segment (series SM) effective May 15, 2026, following SME IPO listing.

Summary

NSE has announced that Adisoft Technologies Limited (symbol: ADISOFT), which was listed under the SME IPO trade for trade segment (series: ST), will be transferred to the rolling segment (series: SM) effective May 15, 2026. This follows the standard SEBI-mandated process for newly listed SME IPO securities.

Key Points

  • Adisoft Technologies Limited (ADISOFT) will move from trade for trade segment (series ST) to rolling segment (series SM)
  • Transfer is effective from May 15, 2026
  • This circular follows NSE circular NSE/CML/73967 dated April 29, 2026
  • The action is pursuant to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012
  • Circular issued by NSE Listing department, reference NSE/CML/73988, Circular Ref. No. 0716/2026

Regulatory Changes

No new regulatory changes. This circular implements the existing SEBI framework under CIR/MRD/DP/02/2012 (January 20, 2012), which governs the transfer of newly listed SME IPO securities from trade for trade to normal rolling settlement after the initial post-listing period.

Compliance Requirements

  • All NSE members must note the segment change for ADISOFT effective May 15, 2026
  • Trading systems and order routing should be updated to reflect the new series (SM) from that date
  • No specific action required from the listed company

Important Dates

  • April 29, 2026: Previous related circular NSE/CML/73967 issued
  • April 30, 2026: This circular (NSE/CML/73988) issued
  • May 15, 2026: Effective date of transfer from series ST (trade for trade) to series SM (rolling segment)

Impact Assessment

This is a routine operational change for Adisoft Technologies Limited following its SME IPO. The transfer from trade for trade (T+T) to rolling settlement (SM series) will improve liquidity and trading flexibility for the stock, as rolling settlement allows normal intraday trading and netting of positions, unlike T+T which requires full delivery on each trade. The impact is limited to traders and investors holding or planning to trade ADISOFT shares.

Impact Justification

Routine post-IPO segment transfer for an SME stock from trade-for-trade to rolling segment, directly affecting trading mechanics for ADISOFT but limited to a single small-cap stock.