CIR/MRD/DP/ 28 /2012
November 02, 2012
To,
All Stock Exchanges
Dear Sir / Madam,
Sub: Establishment of Connectivity with both depositories NSDL and CDSL –Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement
1. It is observed from the information provided by the depositories that the companies listed in Annexure ‘A’ have established connectivity with both the depositories.
2. The stock exchanges may consider shifting the trading in these securities to normal Rolling Settlement subject to the following:
a) At least 50% of other than promoter holdings as per clause 35 of Listing Agreement are in dematerialized mode before shifting the trading in the securities of the company from TFTS to normal Rolling Settlement. For this purpose, the listed companies shall obtain a certificate from its Registrar and Transfer Agent (RTA) and submit the same to the stock exchange/s. However, if an issuer-company does not have a separate RTA, it may obtain a certificate in this regard from a practicing company Secretary/Chartered Accountant and submit the same to the stock exchange/s.
b) There are no other grounds/reasons for continuation of the trading in TFTS.
3. The Stock Exchanges are advised to report to SEBI, the action taken in this regard in the Monthly/Quarterly Development Report.
Yours faithfully,
Maninder Cheema
Deputy General Manager
email: maninderc@sebi.gov.in
Annexure A
|
Sr. No. |
Name of the Company |
ISIN |
|
1. |
Drillco Metal Carbides Limited |
INE501N01012 |
|
2. |
Shree Krishna Biotech Limited |
INE571N01015 |
|
3. |
NCC Bluewater Products Limited |
INE630N01019 |
|
4. |
Hindustan Foods Limited |
INE254N01018 |
|
5. |
Sanghi Corporate Services Limited |
INE998M01012 |
|
6. |
Bonanza Industries Limited |
INE143N01013 |
|
7. |
Yamini Investments Company Limited |
INE457N01017 |
|
8. |
Prima Agro Limited |
INE297D01018 |
|
9. |
Prima Industries Limited |
INE723N01012 |
|
10. |
Jolly Merchandise Limited |
INE601N01010 |
|
11. |
Dhanleela Investments & Trading Company Limited |
INE683D01019 |
|
12. |
Parekh Distributors Limited |
INE528D01016 |
|
13. |
Marvel Vinyls Limited |
INE345L01018 |
|
14. |
UNI Tubes Limited |
INE184E01016 |
|
15. |
Ratnamani Agro Industries Limited |
INE679N01016 |
|
16. |
E-Wha Foam India Limited |
INE439N01015 |
|
17. |
Four K Animation Limited |
INE452N01018 |
|
18. |
Suryakrupa Finance Limited |
INE381N01019 |
|
19. |
Radix Industries (India) Limited |
INE576N01014 |
|
20. |
Indo Euro Indchem Limited |
INE319N01019 |
|
21. |
Euro Finmart Limited |
INE914E01024 |
|
22. |
Pacheli Enterprises Limited |
INE713M01015 |
|
23. |
Eduexel Infotainment Limited |
INE611F01015 |
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Notification No : CIR/MRD/DP/ 28 /2012Published in Shares & Stock