Trading and settlement of trades in dematerialised securities. - SEBI - SMDRP/POLCIY/CIR-24/2000

SECURITIES AND EXCHANGE BOARD OF INDIA SECONDARY MARKET DEPARTMENT Mittal Court, A Wing, Gr. Floor, 224, Nariman Point, Mumbai 400 021 SMDRP/POLCIY/CIR-24/2000 JUNE 23, 2000 To, All Stock Exchanges/Depositories/ Custodians and AMFI/RAIN Dear Sirs, Trading and settlement of trades in dematerialised securities. Please refer to our earlier circular no. SMDRP/Policy/Cir-09/2000 dated February 16, 2000 advising inter-alia the list of 195 scrips (serial numbers 373 to 567 of annexure B to the circular) for compulsory settlement of trades in dematerialised form for institutional investors viz., banks, mutual funds, domestic financial institutional investors, foreign institutional investors and OCB's with effect from June 26, 2000. Some of the companies, whose scrips were included in the list of securities for compulsory trading in dematerialised form for institutional investors and OCBs, could not sign agreements and establish connectivity with either or both the depositories well on time or are in the process of doing so. It has been decided that the effective date for compulsory trading by institutional investors and OCBs in dematerialised form for these scrips (51 scrips as per annexure A) therefore stands postponed and the revised date would be announced later. Yours faithfully, P. K. KURIACHEN DIVISION CHIEF SECONDARY MARKET, DEPOSITORIES, RESEARCH PUBLICATIONS DEPARTMENT ANNEXURE A Sl. No. Name of the Company 1. Albright Wilson Limited 2. Alpic Finance Ltd. 3. Automotive Axles Ltd. 4. Bajaj Tempo Ltd. 5. Balaji Distilleries Ltd. 6. Baroda Rayon Corporation Ltd. 7. Bharati Telecom Ltd. 8. Centum Elect 9. Dewan Rubber Industries Ltd. 10. Electrex (India) Ltd. 11. FGP Ltd. 12. Flat Products Ltd. 13. GIC Housing Finance 14. Godfrey Phillips India Ltd. 15. Goodyear India Ltd. 16. GTN Textiles Ltd. 17. Gujarat Telephone Cab 18. Hamco Mining Smelting Ltd. 19. Herbertsons Ltd. 20. Hindustan Dev. Corpn. Ltd. mer with Hindustan Engg. Ind. Ltd. 21. Hindustan Powerplus Ltd. 22. IFB Industries Ltd. 23. Jagatjit Industries Ltd. 24. Kitply Industries Ltd. 25. Laxmi Machine Works Ltd. 26. Mafatlal Industries Ltd. 27. Man Industries (I) Ltd. 28. Mardia Chemicals Limited 29. Modiluft Ltd. 30. Nagarjuna Fertilizers and Chemicals Ltd. 31. Nepc Agro Foods Ltd. 32. Nepc India Ltd. 33. Pal Peugeot 34. Parekh Platinum Ltd. 35. Patheja Forgings Auto Parts Mfrs. Ltd. 36. Punjab Lamps 37. R.S. Software India Limited 38. Rajinder Steels Ltd. 39. Ras Propack 40. Ricoh India 41. Royal Cushion Vinyl 42. Shri Shakti 43. Siris Ltd. 44. SIV Industries Ltd. 45. Sol Pharmaceuticals Ltd. 46. Sree Rayalaseema Alk Allied Chem. Ltd. 47. Sterling Holiday Resorts (India) Ltd. 48. Sudarshan Chemical Industries Ltd. 49. Swaraj Mazda 50. Textool Company Ltd. 51. Vikas WSP Ltd.