Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Segment (TFTS) to Rolling Segment - SEBI - MRD/DoP/SE/Cir-16/2007

Chief General Manager Market Regulation Department-Division of Policy E-mail: [email protected] MRD/DoP/SE/Cir-16/2007 December 24, 2007 The Executive Directors/Managing Directors/ Administrators 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 Segment (TFTS) to Rolling Segment 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 July 2007 to October 2007. 2. The stock exchanges may consider shifting the trading in these securities to 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 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, S V MURALIDHAR RAO Encl: a/a Annexure A S. No. Name of the Company ISIN 1 Coxswain Technologies Limited INE390I01010 2 National Mineral Development Corpn Ltd INE584A01015 3 Techno Forge Limited INE305I01018 4 Ari Consolidated Investments Limited INE233I01012 5 PFL Infotech Limited INE600F01018 6 S S Forgings Engineering Limited INE233G01016 7 Porwal Auto Components Limited INE386I01018 8 Baid Leasing And Finance Company Limited INE020D01014 9 Trimurthi Drugs Pharmaceuticals Limited INE314I01010 10 R V Investment Dealers Limited INE423I01019 11 A V Cottex Limited INE355H01015 12 Access Global Limited INE714G01015 13 Bemco Hydraulics Limited INE142E01014 14 Good Luck Steel Tubes Limited INE127I01016 15 Paramount Cosmetics (India) Limited INE143I01013 16 Sonal Adhesives Limited INE344I01017 17 Associated Hotels Limited INE512I01019 18 Mini Diamonds (India) Limited INE281E01010 19 Hindustan Copper Limited INE531E01018 20 Bervin Investment Leasing Limited INE348I01018 21 The Anup Engineering Limited INE628I01013 22 Kausar India Limited INE646I01015 23 Progressive Services Limited INE568I01011 24 Velan Hotels Limited INE548D01014 25 Manabarrie Tea Company Limited INE273E01017 26 Lesha Steels Limited INE207H01018 27 Shri Chlochem Limited INE078I01011 28 Neha International Limited INE874D01022 29 Kapil Cotex Limited INE393H01016 30 Meenakshi (India) Limited INE208H01016 31 Katare Spinnign Mills Limited INE498G01015 32 Parshwanath Housing Finance Corporation Limited INE635I01018 33 Dudhoria Construction Company Limited INE556I01016 34 Natraj Financial Services Limited INE510H01015