| Notification Detail :
Securities and Exchange Board of India
CIRCULAR
CIR/MRD/DP/ 10 /2011 July 18, 2011
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,
Harini Balali
Deputy General Manager
022-26449372
Securities and Exchange Board of India
Annexure A
SR.
NO.
NAME OF THE COMPANY ISIN
1 Midland Polymers Limited INE046M01010
2 Nuway Organic Naturals India Limited INE414L01012
3 Genera Industries Limited INE993L01015
4 Dinesh Allorga Limited INE422G01015
5 Gujarat Meditech Limited INE010M01016
6 Vora Constructions Limited INE902L01016
7 North Eastern Carrying Corporation Limited INE553C01016
8 Parichay Investments Limited INE701F01014
9 James Hotels Limited INE510D01014
10 Sarvamangal Mercantile Company Limited INE978L01016
11 Exdon Trading Company Limited INE204I01013
12 Sun Granite Export Limited INE032M01010
13 Ekam Leasing and Finance Co. Limited INE906L01017
14 Concord Drugs Limited INE858L01010
15 Citizen Infoline Limited INE473L01018
16 Gold Rock Investments Limited INE598F01014
17 Mahaveer Finance (India) Limited INE911L01017
18 Regency Trust Limited INE425F01010
19 Priti Mercantile Company Limited INE793G01019
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