SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, A Wing, Gr. Floor,
224, Nariman Point, Mumbai 400 021
SMDRP/POLICY/CIR-23/2000
May 29, 2000
To:
The President/Executive Director/
Managing Director of all the Stock Exchanges/
NSDL/CDSL/Custodians/AMFI/RAIN
Dear Sir,
Trading and settlement of trades in dematerialised securities
Please refer to our earlier circulars on the subject advising inter alia the list of scrips for compulsory trading in dematerialized securities by all investors.
It was decided that trading would be compulsory in dematerialized form by all investors in 2562 scrips (annexure ‘A’) from the dates noted against each of them, i.e.
| Serial numbers | Effective dates |
| 1 to 300 | July 24, 2000 |
| 301 to 632 | August 28, 2000 |
| 633 to 907 | September 25, 2000 |
| 908 to 1182 | October 30, 2000 |
| 1183 to 1457 | November 27, 2000 |
| 1458 to 1732 | December 26, 2000 |
| 1733 to 2007 | January 29, 2001 |
| 2008 to 2282 | February 26, 2001 |
| 2283 to 2562 | March 26, 2001 |
All stock exchanges are required to advise the companies which are listed on their respective exchanges to execute necessary documents with both the depositories and establish connectivity well on time so that dematerialized trading could be commenced in these scrips from the scheduled dates.
Scrips listed on the exchange consequent to the de-merger or spin off of any of the companies, which are included in the compulsory list for dematerialized trading for all investors, continue to be traded compulsorily in dematerialized form.
Yours faithfully,
P K KURIACHEN
DIVISION CHIEF
SECONDARY MARKET, DEPOSITORIES,
RESEARCH & PUBLICATIONS DEPARTMENT
