Thursday 13 June 2013


ESTABLISHMENT OF CONNECTIVITY WITH BOTH DEPOSITORIES NSDL AND CDSL – COMPANIES ELIGIBLE FOR SHIFTING FROM TRADE FOR TRADE SETTLEMENT (TFTS) TO NORMAL ROLLING SETTLEMENT


Circular No.:-CIR/MRD/DP/ 19 /2013
Dated:-June 11, 2013

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 his regard in the Monthly/Quarterly Development Report.
                    
Annexure A
Name of the Company

ISIN
Jauss Polymers Limited INE593O01017
Malti Textiles Mills Limited INE907N01011
Techtrek India Limited INE892N01015
Combat Drugs Limited INE643N01012
Mehta Housing Finance Limited INE239B01014
Essen Supplements India Limited INE716K01012
Adi Rasayan Limited INE861N01010
Shree Ganesh Biotech (India) Ltd INE051N01018

Regards

CA. Mona Singhal
Partner

Arpit Gupta & Associates
Chartered Accountants

701, Nirmal Tower,
26, Barakhamba Road,
Connaught Place, Delhi-110001

Mobile:- +91-9873082769 

Website: www.caaga.co.in

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