SEBI-Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement

CIRCULAR
CIR/MRD/DP/ 15 /2012 June 14, 2012

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 that the  companies listed in Annexure ˜A™ have established connectivity with both 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,

 

B. J. Dilip
Deputy General Manager
022-26449682
email: dilipbj@sebi.gov.in

Annexure-A

Sr.

No.

 

Name of the Company ISIN
1 Grandma Trading And Agencies Limited INE927M01011
2 Tak Machinery And Leasing Limited INE545L01013
3 S R K Industries Limited INE951M01011
4 Unijolly Investments Company Limited INE130N01010
5 First Financial Services Limited INE141N01017
6 Healthy Investments Limited INE160N01017
7 Premier Polyfilm Limited INE309M01012
8 Kings Infra Ventures Limited INE050N01010
9 Gee El Woollens Limited INE022N01019
10 Integrated Thermoplastics Limited INE038N01015
11 Rutron International Limited INE040N01011
12 Priyadarshini Thread Limited INE807M01015
13 Asian Petroproducts And Exports Limited INE810M01019
14 Vishvjyoti Trading Limited INE025N01012
15 Parag – Shilpa Investments Limited INE953M01017
16 Ravileela Granites Limited INE427E01019
17 Osian Industries Limited INE634M01013
18 Benzo Petro International Limited INE981M01018
19 Rudraksh Cap-Tech Limited INE191N01012
20 Toheal Pharmachem Limited INE312M01016
21 Integra Engineering India Limited INE984B01015
22 National Buildings Construction Corporation Limited INE095N01015
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