Companies eligible for shifting from TFTS to Normal Rolling Settlement

Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement

CIRCULAR, CIR/MRD/DP/ 36 /2013, dated December 16, 2013

To,

All Stock Exchanges

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.

Annexure A

Sr. No.	Name of the Company	ISIN
1	Inertia Steel Limited	INE767M01011
2	Emed.Com Technologies Limited	INE379F01019
3	W W Technology Holdings Limited	INE972M01017
4	Hemakuta Industrial Investment Company Limited	INE088P01015
5	Multipurpose Trading & Agencies Limited	INE017P01014
6	Velox Industries Limited	INE092P01017
7	P.L.Enterprise Limited	INE265N01014
8	Patidar Buildcon Limited	INE637N01014
9	Kappac Pharma Limited	INE601D01011
10	Magnanimous Trade & Finance Limited	INE664N01018
11	Ravinay Trading Company Limited	INE812K01027
12	Mercury Metals Limited	INE763M01010
13	Fischer Chemic Limted	INE771F01017
14	Unimode Overseas Limited	INE348N01018
15	B B Investments Limited	INE222P01010
16	Kausambi Vanijya Limited	INE223P01018
17	EFL Foods Limited	INE601E01019
18	Viji Finance Limited	INE159N01019
19	Hindusthan Safety Glass Industries Ltd	INE324N01019

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Source: Securities and Exchange Board of India.