Establishment of connectivity with both NSDL and CDSL- Shifting from Trade for Trade Segment (TFTS) to Rolling Segment - SEBI - MRD/DoP/SE/Cir-1 /06

GENERAL MANAGER MARKET REGULATION DEPARTMENT MRD/DoP/SE/Cir-1 /06 January 13, 2006 The Executive Directors/Managing Directors/CEOs/ Administrators of all Stock Exchanges Dear Sir/Madam, Sub: Establishment of connectivity with both NSDL and CDSL- 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 on or before 30.09.2005 but still continue to be traded in TFTS. 2 The stock exchanges may consider shifting the trading in these securities to rolling settlement subject to the following : a) At least 50% of non-promoter holdings as per clause 35 of Listing Agreement are in demat 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 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 Development Report for the month of February, 2006. Yours faithfully, V S SUNDARESAN Encl: Annexure A Annexure A S.NO. NAME OF THE COMPANY ISIN NO. 1. BINANI METALS LIMITED INE129H01014 2. CENTRAL INDIA INDUSTRIES LIMITED INE476E01016 3. EMPEE SUGARS AND CHEMICALS LIMITED INE928B01012 4. GEE LIMITED INE064H01013 5. GOLDEN CARPETS LIMITED INE595D01015 6. HERBERTSONS LIMITED INE546A01014 7. INDUCTO STEEL LIMITED INE146H01018 8. INTERLINK PETROLEUM LIMITED INE959G01016 9. KG PETROCHEM LIMITED INE902G01016 10 MARMAGOA STEEL LIMITED INE698E01023 11. MUKESH STEELS LIMITED INE953G01019 12. NAKAMICHI SECURITIES LIMITED INE857C01011 13. NONSTOP PLANTATION LIMITED INE803E01011 14. S. G. S. INVESTMENTS LIMITED INE560E01017 15. SARTHAK GLOBAL LIMITED INE075H01019 16. SARTHAK INDUSTRIES LIMITED INE074H01012 17. SCORE INFORMATION TECHNOLOGIES LIMITED INE326F01010 18. SHREE HANUMAN SUGAR INDUSTRIES LIMITED INE101H01013 19. SHUBHAM GRANITES LIMITED INE096H01015 20. SIR SHADI LAL ENTERPRISES LIMITED INE117H01019 21. SUPREME YARNS LIMITED INE651G01019 22. THE KADRI MILLS [CBE] LIMITED INE065H01010 23. TRIPEX OVERSEAS LIMITED INE360G01017 24. WELL PACK PAPERS CONTAINERS LIMITED INE063H01015