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/ 35 /2012

CIRCULAR CIR/MRD/DP/ 35 /2012 December 17, 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, Maninder Cheema Deputy General Manager email: [email protected] Annexure A Sr. No. Name of the Company ISIN 1. Lifeline Drugs Pharma Limited INE776N01010 2. Dera Paints Chemicals Limited INE844D01017 3. Ravindra Energy Limited INE206N01018 4. Count N Denier (India) Limited INE146N01016 5. Monotype India Limited INE811D01016 6. Golechha Global Finance Limited INE427D01011 7. Shree Manufacturing Company Limited INE632A01012 8. Midwest Gold Limited INE519N01014 9. Delta Leasing And Finance Limited INE874N01013