SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, A Wing, Gr. Floor,
224, Nariman Point, Mumbai 400 021

SMDRP/POLICY CIR.- 27/448/98
September 24, 1998

The President/Executive Director/
Managing Director of all Stock Exchanges/
NSDL / All Custodians.

Dear Sir,
Sub.: Trading and settlement of trades in Demat Securities

Please refer to our Circular No. SMD/Policy/Cir.19/2435/98 dated July 29, 1998 advising inter alia, the list of scrips for compulsory settlement of trades in demat form for the Institutional Investors, viz., Domestic Financial Institutions, Banks, Mutual Funds and Foreign Institutional Investors and Overseas Corporate Bodies.

It has now been decided to add 125 more scrips for compulsory dematerialised trading by institutional investors, with effect from December 15, 1998, taking the total of such scrips to 235. The list of scrips for compulsory dematerialised trading from December 15, 1998 is given as annexure A.

It was also decided that delivery of dematerialised securities shall be treated as good delivery for negotiated deals also. Besides, the institutional investors should compulsorily deliver securities in demat form for trades executed as negotiated deal in respect of securities which are announced by SEBI from time to time for compulsory dematerialised trading by institutional investors.

The custodians of securities are advised to make prompt payment in respect of shares received by them fully in dematerialised form.

Yours faithfully,

P. K. KURIACHEN
DIVISION CHIEF
SECONDARY MARKET, DEPOSITORY,
RESEARCH AND PUBLICATIONS DEPARTMENT

Encl : Annexure A

Annexure A.

Sr. No Name of the Company Sr. No Name of the Company
1. BALRAMPUR CHINI MILLS LTD. 64. ATUL LTD.
2. BURROUGHS WELLCOME LTD. 65. BINANI ZINC LTD.
3. E MERCK LTD. 66. CHEMNOr DRUG LTD.
4. FINOLEX CABLES LTD. 67. CIPLA LTD.
5. GLOBAL TRUST BANK LTD. 68. CLARIANT LTD.
6. GODREJ SOAPS LTD. 69. COATs VIYELA LTD.
7. GUJARAT ALKALIS & CHEM LTD. 70. COROMANDAL FERT. LTD.
8. HOTEL LEELA VENTURES LTD. 71. CYBERTECH LTD.
9. INGERSOLL RAND LTD. 72. DLF CEMENT LTD.
10. NICHOLAS PIRAMAL LTD. 73. EICHER LTD.
11. NOVARTIS LTD. 74. EICHER MOTORS LTD.
12. PROCTER & GAMBLE LTD. 75. ELECTROSTEEL CASTINGS LTD
13. RHONE POULENC LTD. 76. EMCO TRANSFORMERS LTD.
14. SESA GOA LTD. 77. EVEREADY IND. LTD
15. SUN PHARMA IND. LTD. 78. FEDERAL BANK LTD.
16. SUPREME IND. LTD. 79. FINOLEX IND. LTD.
17. VOLTAS LTD. 80. GEC ALSTHOM LTD.
18. WOCKHARDT LTD. 81 GIPCL LTD.
19. ZUARI IND. LTD. 82. GREAVES LTD.
20. APPLE FINANCE LTD. 83. HCL INFOSYSTEMS LTD.
21. BLOW PLAST LTD. 84. HINDUSTAN INKS LTD.
22. BPL ENGINEERING LTD. 85. HOECHST MARRION ROUSSEL LTD.
23. CARBORANDUM UNIVERSAL LTD. 86. IG PETRO LTD.
24. CHOLAMANDALAM INV. & FIN. CO. LTD. 87. INDO RAMA SYNTH. LTD.
25. DGP WINDSOR LTD. 88. ISPAT IND. LTD.
26. E. I. D. PARRY LTD. 89. ITC AGRO LTD.
27. HIMATSINGKA SEIDE LTD. 90. ITW SIGNODE LTD.
28. INTEGRATED ENTERPRISES (I) LTD. 91. JAIN IRRIGATION LTD.
29. ISIBARS LTD. 92 JINDAL IRON & STEEL LTD.
30 JBF INDUSTRIES LTD. 93. JINDAL PHOTO FILMS LTD.
31. K. G. DENIM LTD. 94. JINDAL STRIPS LTD.
32. KRISHNA FILAMENTS LTD. 95. JINDAL VIJAYNAGAR STEEL LTD.
33. NAVNEET PUBLICATIONS LTD. 96. JYOTI STRUCTURE LTD.
34. PARRY’S CONFECTIONERY LTD. 97. KOPRAN LTD.
35. PRISM CEMENT LTD. 98. KOTAK MAH. FINANCE LTD.
36. UNITED WESTERN BANK LTD. 99. MALVIKA STEELS LTD.
37. USHA INDIA LTD. 100. MANALI PETRO LTD.
38. WEIZMANN LTD. 101. MARICO IND. LTD.
39. ESAB INDIA LTD. 102. MAX INDIA LTD.
40. ESSEL PACKAGING LTD. 103. MERIND LTD.
41. GARWARE POLYESTER LTD. 104. MORARJEE GOCUL SPG. & WVG. LTD.
42 GARWARE WALLROPES LTD. 105. MOREPEN LABS LTD.
43. INDIAN SHAVING PROD. LTD. 106. MORGAN STANLEY (MF UNITS)
44. UTI Bank ltd. 107. NIRMA LTD.
45. PARKE DAVIS LTD. 108. ONWARD TECH. LTD.
46. RECKITT & COLMAN LTD. 109. OTIS ELEVATOR CO. LTD.
47. SATYAM COMPUTERS LTD. 110. PRAJ IND. LTD.
48. SMITHKLINE BEECHAM CONSUMER PRODUCTS LTD. 111. PUNJAB WIRELESS SYS. LTD.
49. SMITHKLINE PHARMA LTD. 112. RELIANCE INDUST, INFRAST LTD.
50. SWARAJ ENGINES LTD. 113. RPG TELECOM LTD.
51. TATA HYDRO LTD. 114. SANGHI POLYESTER LTD.
52. TITAN IND. LTD. 115. SHREE CEMENT LTD.
53 ZEE TELEFILM LTD. 116. SHREE DIGVIJAY CEMENT LTD.
54. FACT LTD. 117. SHREE KRISHNA POLY. LTD.
55. HINDUSTAN ORGANIC CHEM. LTD. 118. STANDARD IND. LTD.
56. NALCO LTD. 119. SUNDARAM CLAYTON LTD.
57. ONGC LTD. 120. SYNTH. & CHEM. LTD.
58. RCF LTD. 121. TATA INFOTECH LTD.
59. SHIPPING CORP.OF INDIA LTD. 122. TIMEX WATCHERS LTD.
60. ADVANI OERLIKON LTD. 123. USHA ISPAT LTD.
61. APR LTD. 124. VYSYA BANK LTD.
62. APTECH LTD. 125. WOOLWORTH LTD
63. ASTRA IDL LTD.

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