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 |
