February 1, 2008

To All Registered Registrars to the Issue

Dear Sirs,

Sub.: Extending number of centres where refund shall be made through ECS in public/rights issues

1.This circular is being issued in exercise of the powers conferred under sub-section (1) of Section 11 of the Securities and Exchange Board of India Act, 1992.

2.On January      20,      2006,      SEBI      issued      a      Circular      No

SEBI/CFD/DIL/DIP/0 1/2006/20/1 to all Registrars to issue, informing them that to begin with, facility of refunds through ECS may be made available in 15 centers where clearing houses are managed by the Reserve Bank of India (RBI).This was in addition to other permissible modes of making refunds electronically viz NEFT, RTGS and Direct credit.

3.In consultation with RBI, it has now been decided to extend the facility of refund through ECS in public/rights issues to 68 centers as provided by RBI. List of these 68 centers is enclosed at Annexure I.

4.You are advised to comply with all other instructions contained in the earlier circular dated January 20, 2006..

5.This circular shall come in to force with immediate effect. This circular is available on SEBI website at www. under the category “Legal framework”.

Yours faithfully,

Neelam Bhardwaj

Annexure I

List of ECS (Credit and Debit) Centres

Sl. No. Name of the Centre Sl. No. Name of the Centre
Managed by Reserve Bank of India Managed by State Bank of India
1. Ahmedabad 1. Baroda
2 Bangalore 2. Dehradun
3. Bhubaneshwar 3. Nashik
4. Kolkata 4. Panaji
5. Chandigarh 5. Surat
6. Chennai 6. Trichy
7. Guwahati 7. Trichur
8. Hyderabad 8. Jodhpur
9. Jaipur 9. Gwalior
10. Kanpur 10. Jabalpur
11. Mumbai 11. Raipur
12. Nagpur 12. Calicut
13. New Delhi 13. Siliguri (non-MICR)
14. Patna 14. Pondicherry
15. Thiruvananthapuram 15. Hubli
16. Shimla (non-MICR)
17. Tirupur
18. Burdwan(non-MICR)
19. Durgapur (non-MICR)
20. Sholapur
21. Ranchi
22. Tirupati(non-MICR)
23. Dhanbad(non-MICR)
24. Nellore (non-MICR)
25. Kakinada (non-MICR)
Managed by Punjab National Bank
1. Agra
2. Allahabad
3. Jalandhar
4. Lucknow
5. Ludhiana
6. Varanasi
7. Kolhapur
8. Aurangabad
9. Mysore
10. Erode
11. Udaipur
12. Gorakhpur
13. Jammu
Managed by State Bank of Indore
1. Indore

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