SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, A Wing, Gr. Floor,
224, Nariman Point, Mumbai 400 021
SMDRP/POLICY/CIR-03 /99
February 4, 1999
TO:
The President/Executive Director/
Managing Director of all the Stock Exchanges/
Depositories/Custodians/AMFI
Dear Sir,
Trading and settlement of trades in dematerialised securities
Please refer to our earlier circulars on the subject wherein we have advised the list of scrips for compulsory delivery by all investors in dematerialised form as well as the list of scrips for compulsory dematerialised trading by institutional investors viz., banks, mutual funds, domestic financial institutions, foreign institutional investors and OCB’s.
It has now been decided to add four more scrips namely; Zee Telefilms, Satyam Computers, Pentafour Software and LIC Housing Finance to the list of scrips (annexure ‘A’ to our circular No. SMDRP/POLICY/CIR-38/98 dated December 10, 1998) announced for compulsory delivery in dematerialised form for all investors from April 5, 1999. The revised list is given in annexure ‘A’.
ii. Sterling Tools Ltd.
iii. Hindustan Power Plus Ltd.
It has therefore been decided to postpone the date for compulsory dematerialised trading in these scrips by institutional investors and OCB’s to a date which would be announced after they complete the formalities.
Yours faithfully,
P.K. KURIACHEN
DIVISION CHIEF
SECONDARY MARKET, DEPOSITORIES,
RESEARCH & PUBLICATIONS DEPARTMENT
E-mail: kuriachen@sebi.gov.in
