Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement - SEBI - MRD/DoP/SE/ Cir-06 /2009

Deputy General Manager Market Regulation Department-Division of Policy E-mail: [email protected] MRD/DoP/SE/ Cir-06 /2009 June 29, 2009 The Executive Directors/Managing Directors of 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 during the months of February to April 2009. 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 Section II, item no. 13 of the Monthly/Quarterly Development Report. Yours faithfully, HARINI BALAJI Encl: a/a Annexure A Sr. No Name of the Company ISIN No. 1. INCA Finlease Limited INE309H01012 2. B Nanji Enterprises Limited INE735G01010 3. Shree Surgovind Tradelink Limited INE117K01013 4. Money Masters Investment Limited INE945J01019 5. Adeshwar Cotton Industries Limited INE066C01019 6. Tirupati Sarjan Limited INE297J01015 7. The Sandur Manganese And Iron Ores Limited INE149K01016 8. Lords Chloro Alkali Limited INE846D01012 9. Ranjeev Alloys Limited INE478F01019 10. Intellivate Capital Ventures Limited INE512D01010 11. Vishnu Sugar Mills Limited INE211K01014 12. Sterling Strips Limited INE067E01013 13. Multiplus Holdings Limited INE886E01016 14. Gujarat Automotive Gears Ltd INE705G01013 15. Moongipa Capital Finance Ltd INE153K01018 16. MARG Projects and Infrastrure Limited INE942E01017