BSE Index Services Private Limited has announced the addition of two newly listed SME companies — Safety Controls & Devices Limited and EMIAC Technologies Limited — to the BSE SME IPO Index. Both companies were listed on BSE on April 13, 2026, and will be included in the index effective at the open of April 15, 2026.

Key Points

• Safety Controls & Devices Limited (Exchange ticker: 544746) listed on BSE on April 13, 2026
• EMIAC Technologies Limited (Exchange ticker: 544747) listed on BSE on April 13, 2026
• Both stocks will be added to the BSE SME IPO Index effective at market open on April 15, 2026
• Corporate action included in the end-of-day corporate action file (*.SDE) on April 13, 2026
• Reference notices: 20260410-44 (Safety Controls) and 20260410-43 (EMIAC Technologies)

Regulatory Changes

No regulatory changes. This is a standard index reconstitution notice following the listing of new SME IPO securities on BSE.

Compliance Requirements

No specific compliance requirements for market participants. Index-linked fund managers and ETF providers tracking the BSE SME IPO Index should update their portfolios to include the two new constituents effective April 15, 2026. Queries can be directed to bseindex@bseindia.com.

Important Dates

• April 13, 2026: Listing date for both Safety Controls & Devices Limited (544746) and EMIAC Technologies Limited (544747) on BSE
• April 13, 2026: Corporate action file (*.SDE) updated with these additions
• April 15, 2026 (market open): Effective date for inclusion of both stocks in the BSE SME IPO Index

Impact Assessment

The addition of these two SME IPO stocks to the BSE SME IPO Index is a routine reconstitution event with moderate market impact limited to index-tracking products. Passive funds, ETFs, and portfolios benchmarked against the BSE SME IPO Index will need to incorporate these constituents at the open of April 15, 2026. There is no broader market-wide or regulatory impact. The two-day lag between listing (April 13) and index inclusion (April 15) is standard practice, giving market participants adequate time to adjust their holdings.

BSE has notified trading members that the equity shares of Safety Controls & Devices Limited (SME IPO, Scrip Code: 544746) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment, with dealings shifting under the M Group effective Tuesday, April 28, 2026. This notice is a continuation of BSE Notice No. 20260410-44 dated April 10, 2026.

Key Points

• Equity shares of Safety Controls & Devices Limited (Scrip Code: 544746) are currently trading in the Trade for Trade (MT Group) segment
• The scrip will move to the Rolling segment under M Group from April 28, 2026
• This follows the standard post-SME IPO lock-up period transition process
• Contact person: Mr. Anurag Jain, Tel: 022-2272 8822
• Issued by: Hardik Bhuta, Assistant Vice President, BSE

Regulatory Changes

The scrip transitions from the Trade for Trade (MT Group) settlement mechanism — where each trade must result in actual delivery and netting is not permitted — to the Rolling segment (M Group), which allows normal settlement with netting of buy and sell positions. This is a standard regulatory progression for SME IPO scrips after the mandatory trade-for-trade period expires.

Compliance Requirements

• Trading members should update their systems to reflect the new segment classification for Scrip Code 544746 effective April 28, 2026
• Members should inform their clients about the change in trading mechanics, particularly regarding settlement and netting rules
• No specific compliance action required beyond awareness and system updates

Important Dates

• April 10, 2026: Original notice issued (BSE Notice No. 20260410-44)
• April 13, 2026: Current continuation notice date
• April 28, 2026 (Tuesday): Effective date for transfer from MT Group to M Group (Rolling segment)

Impact Assessment

This is a routine but notable transition for traders holding or trading Safety Controls & Devices Limited shares. Moving from Trade for Trade to Rolling settlement (M Group) allows intraday netting, increases liquidity potential, and reduces settlement risk for participants. Retail and institutional investors will benefit from more flexible trading options post-transition. The change is limited to this single SME scrip and has no broader market impact.