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/ 10 /2011

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 email: [email protected] 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