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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/28/2013Extract CIRCULAR CIR/MRD/DP/28/2013 September 24, 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. Thacker And Company Limited INE077P01018 2. Voltaire Leasing Finance Limited INE763D01019 3. Pretto Leather Industries Limited INE384M01015 4. MIPCO Seamless Rings Gujarat Limited INE860N01012 5. Anugraha Jewellers Limited INE125F01016 6. Artech Power Products Limited INE421N01013 7. Bhagyashree Leasing And Finance Limited INE655F01012 8. KDJ Holidayscapes and Resorts Limited INE089E01017 9. Boston Teknowsys (India) Limited INE777E01017 10. Arnold Holdings Limited INE185K01010 11. Satya Miners Transporters Limited INE394F01018
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