Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement - SEBI - CIR/MRD/DP/36/2013

CIRCULAR CIR/MRD/DP/36/2013 December 16, 2013 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, Maninder Cheema Deputy General Manager email: [email protected] Annexure A Sr. No. Name of the Company ISIN 1. Inertia Steel Limited INE767M01011 2. Emed.Com Technologies Limited INE379F01019 3. W W Technology Holdings Limited INE972M01017 4. Hemakuta Industrial Investment Company Limited INE088P01015 5. Multipurpose Trading Agencies Limited INE017P01014 6. Velox Industries Limited INE092P01017 7. P.L.Enterprise Limited INE265N01014 8. Patidar Buildcon Limited INE637N01014 9. Kappac Pharma Limited INE601D01011 10. Magnanimous Trade Finance Limited INE664N01018 11. Ravinay Trading Company Limited INE812K01027 12. Mercury Metals Limited INE763M01010 13. Fischer Chemic Limted INE771F01017 14. Unimode Overseas Limited INE348N01018 15. B B Investments Limited INE222P01010 16. Kausambi Vanijya Limited INE223P01018 17. EFL Foods Limited INE601E01019 18. Viji Finance Limited INE159N01019 19. Hindusthan Safety Glass Industries Ltd INE324N01019