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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/ 23 /2013Extract CIRCULAR CIR/MRD/DP/ 23 /2013 July 30, 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. Swadeshi Polytex Limited INE243N01011 2. Joy Realty Limited INE433O01016 3. Shantanu Sheorey Aquakult Limited INE545N01019 4. Planter's Polysacks Limited INE293E01015 5. Centron Industrial Alliance Limited INE450L01016 6. Suryo Foods Industries Limited INE565E01016 7. Rajlaxmi Industries Limited INE400O01015 8. Birla Transasia Carpets Limited INE646O01013 9. M P Polypropylene Limited INE739N01018 10. Bell Agro Machina Limited INE011E01011 11. Fomento Resorts And Hotels Limited INE241E01014 12. IO System Limited INE502D01011 13. Dhanvantri Jeevan Rekha Limited INE239F01015 14. Jainex Aamcol Limited INE280F01019 15. Ahmedabad Gases Limited INE501O01010 16. Sri Kanyaka Investments Limited INE853O01015
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