MRD/DEP/Cir- 22/2003

August 1, 2003

All Stock Exchanges, Depositories and Custodians

Dear Sir,

Please refer to Circular No. D&CC/FIITC/CIR-05/2001 dated December 26, 2001 regarding the list of scrips, which shall trade under the normal rolling settlement mode of the stock exchanges.

As per the information provided by both the depositories 165 more companies have established connectivity with both the depositories. Out of these 145 companies as per annexure ‘A’ (serial no. 1 to 145) have established connectivity with both the depositories on or before March 31, 2003. It is therefore decided that these scrips shall trade in the normal rolling settlement mode of the stock exchanges with immediate effect.

Accordingly the scrips that have established connectivity with both the depositories as on April 30, 2003 (serial no. 146 to 148), as on May 31, 2003 (serial no. 149 to 160) and as on June 30, 2003 (serial no. 161 to 165) shall be moved into the normal rolling settlement mode by the respective stock exchanges, from the ‘trade for trade’ settlement window with effect from August 04, 2003, September 01, 2003 and October 01, 2003, respectively.

Yours faithfully,

D. RAVI KUMAR

Encl: a/

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