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Securities and Exchange Board of India

CIRCULAR

CIR/MRD/DP/ 08 /2013

February 11, 2014

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:

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,

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

Annexure A

Sr.
No.
Name of the Company ISIN
1. CPEC Limited INE029P01019
2. Suchak Trading Limited INE035G01015
3. Chankya Investments Limited INE825M01017
4. Jayavant Products Limited INE364H01017
5. Filtron Engineers Limited INE589N01017
6. Gujarat Petrosynthese Limited INE636P01011
7. Mahavir Advanced Remedies Ltd. INE716N01016
8. United Drilling Tools Limited INE961D01019
9. Pan Electronics (India) Limited INE648E01010
10. Vijay Solvex Limited INE362D01010
11. Asis Logistics Limited INE888E01012
12. Jupiter Enterprises Limited INE393E01013
13. Balashri Commercial Limited INE678E01017
14. Partani Appliances Limited INE217P01010
15. Arman Holdings Limited INE510P01018
16. Goldline International Finvest Limited INE204P01018
17. Surya Marketing Limited INE717P01019
18. Nam Securities Limited INE792G01011
19. Mahadushi International Trade Limited INE339P01012
20. Divinus Fabrics Limited INE478P01018
21. Shri Niwas Leasing And Finance Limited INE201F01015
22. Raunaq International Limited INE523K01012
23. Omansh Enterprises Limited (formerly Ravi Aircools Ltd, Engineering And Pulp Products Ltd) INE378P01010
24. Worth Investments and Trading Company Limited INE114O01012
25. Siddarth Businesses Limited (formerly Indo Kush Foods Ltd, Siddarth Businesses Ltd) INE857P01013
26. Helpage Finlease Limited (formerly Helpage Trades And Services Ltd) INE738P01015
27. Shubhra Leasing Finance and Investment Company Limited INE878P01019
28. A. F. Enterprises Limited INE663P01015
29. Sai Baba Investment and Commercial Enterprises Limited INE706P01012
30. Alps Motor Finance Limited INE729P01014
31. Angels Enterprises Limited INE784P01019
32. Tarang Projects and Consultants Limited INE538P01019
33. Sital Leasing and Finance Limited INE341O01011
34. Ramchandra Leasing And Finance Limited INE516P01015

Download Full Text Of the Notification

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