CIRCULAR

CIR/MRD/DP/ 16 /2014

May 16, 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.he stock exchanges may consider shifting the trading in these securities to normal Rolling Settlement subject to the following:

3.t 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 TFTS.

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

Yours faithfully,

Annexure A

Sr. No. Name of the Company ISIN
1. Milk Partners India Limited (Formerly Ravileela Dairy Products Ltd, Ravileela Dairy Products Pvt Ltd) INE301N01017
2. York Exports Limited INE057Q01018
3. Shree Karthik Papers Limited INE538D01015
4. Vitan Agro Industries Limited INE186Q01015
5. Meenakshi Enterprises Limited INE242Q01016
6. Asia Capital Limited INE131Q01011
7. Akashdeep Metal Industries Limited INE149Q01013
8. Mega    Nirman   &    Industries   Limited   (Formerly
Daphene Investments And Properties Limited)
INE216Q01010
9. Mercantile     Ventures    Limited    (Formerly    MCC
Finance Limited, Excel Finance Limited)
INE689O01013
10. SAB Industries Limited (Formerly Steel Strips and Alloys ltd, Asia Steel and Alloys Ltd.) INE137M01017
11. Potential Investments and Finance Limited INE91 9P01 011
12. Tarini Enterprises Limited INE999P01013
13. Capital Trade Links Limited INE172D01021
14. Nishtha Finance And Investments (India) Limited INE217Q01018
15. Econo Trade (India) Limited INE937K01014
16. Associated Cereals Limited INE840I01014

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