Follow Us :

Securities and Exchange Board of India

CIRCULAR

CIR/MRD/DP/36/2013

December 16, 2013

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

2.The stock exchanges may consider shifting the trading in these securities to normal Rolling Settlement subject to the following:

3. 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 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.

4.There are no other grounds/reasons for continuation of the trading in

5.The Stock Exchanges are advised to report to SEBI, the action taken in this regard in the Monthly/Quarterly Development Report.

Yours faithfully,

Man inder Cheema
Deputy General Manager
email: maninderc@sebi.gov.in

Annexure A

Sr. No. Name of the Company ISIN
1. Inertia Steel Limited INE767M01 011
2. Emed.Com Technologies Limited INE379F01019
3. W W Technology Holdings Limited INE972M01 017
4. Hemakuta Industrial Investment Company Limited INE088P01015
5. Multipurpose Trading & Agencies Limited INE017P01014
6. Velox Industries Limited INE092P01017
7. P.L.Enterprise Limited INE265N01014
8. Patidar Buildcon Limited INE637N01014
9. Kappac Pharma Limited INE601D01011
10. Magnanimous Trade & Finance Limited INE664N01018
11. Ravinay Trading Company Limited INE812K01027
12. Mercury Metals Limited INE763M01010
13. Fischer Chemic Limted INE771 F01 017
14. Unimode Overseas Limited INE348N01018
15. B B Investments Limited INE222P01010
16. Kausambi Vanijya Limited INE223P01018
17. EFL Foods Limited INE601E01019
18. Viji Finance Limited INE159N01019
19. Hindusthan Safety Glass Industries Ltd INE324N01019

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
June 2024
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930