Media Release

Media Release

 

TRADE-TO-TRADE SCRIPS – Inclusions in ‘T’ Group

 

As a part of Surveillance measures the Exchange transfers various scrips for settlement on a Trade-to-Trade basis. The criteria for shifting scrip’s to/fro for settlement on trade to trade basis are decided jointly by the stock exchanges in consultation with SEBI and reviewed periodically. 

The detailed criteria of shifting scrip to/from Trade-to-Trade are available on website athttp://www.bseindia.com/markets/equity/EQReports/sur_Price_monitoring.aspx?expandable=5.

The Exchange with a view to take preventive surveillance measure to ensure market safety and safeguard the interest of the investors, has decided to take the following Surveillance actions:

The under mentioned scrip’s will be included in "T" Group and they would be traded and settled on Trade to Trade basis w.e.f. February 14, 2014 and would attract a circuit filter of 5% or lower as applicable. The category applicable to the scrip for transfer to “T” Group from the detailed criteria available on the website as stated above is mentioned alongside the scrip.

Sr. No.

Scrip Code

Scrip Name

Reason- Criteria

1

517546

Alfa Transformers Ltd.

Criteria I and II and III

2

531519

Ankush Finstock Ltd.

Criteria I and II and III

3

532290

BLB Ltd.*

Criteria I and II and III

4

509499

Centron Industrial Alliance Ltd.

Criteria I and II and III

5

522292

Chandni Textiles Engineering Ind. Ltd.

Criteria I and II and III

6

522231

Conart Engineers Ltd.

Criteria I and II and III

7

531171

Devika Proteins Ltd.

Criteria I and II and III

8

519588

DFM Foods Ltd.

Criteria I and II and III

9

530605

GSL Nova Petrochemicals Ltd.*

Criteria I and II and III

10

531301

High Street Filatex Ltd.

Criteria I and II and III

11

533315

Innovassynth Investments Ltd.

Criteria I and II and III

12

517433

Innovation Software Exports Ltd.

Criteria I and II and III

13

530049

J.J.Exporters Ltd.

Criteria I and II and III

14

506184

Kanani Industries Ltd.

Criteria I and II and III

15

531206

Kwality Credit & Leasing Ltd.

Criteria I and II and III

16

513554

Mahamaya Steel Industries Ltd.

Criteria I and II and III

17

523832

Mukat Pipes Ltd.

Criteria I and II and III

18

531832

Nagarjuna Agritech Ltd.

Criteria I and II and III

19

531496

Omkar Overseas Ltd.

Criteria I and II and III

20

532817

Oriental Trimex Ltd.*

Criteria I and II and III

21

535658

Pawansut Holdings Ltd.

Criteria I and II and III

22

532808

Pearl Global Industries Ltd.*

Criteria I and II and III

23

504903

Rathi Steel & Power Ltd.

Criteria I and II and III

24

533482

Readymade Steel india Ltd.

Criteria I and II and III

25

530815

Refnol Resins & Chemicals Ltd.

Criteria I and II and III

26

535621

S V Global Mill Ltd.

Criteria I and II and III

27

537068

Satya Miners & Transporters Ltd.

Criteria I and II and III

28

521238

Sequel e-Routers Ltd.

Criteria I and II and III

29

533110

Shree Precoated Steels Ltd.

Criteria I and II and III

30

530439

Siddha Ventures Ltd.

Criteria I and II and III

31

531901

Sterling Webnet Ltd.

Criteria I and II and III

32

523722

Svam Software Ltd.

Criteria I and II and III

33

511523

Veerhealth Care Ltd.

Criteria I and II and III

34

503675

Wagend Infra Venture Ltd.

Criteria I and II and III

35

522209

Yogi Sung-won (India) Ltd.

Criteria I and II and III

36

530665

Zenith Health Care Ltd.

Criteria I and II and III

37

530091

Zyden Gentec Ltd.

Criteria I and II and III

 

Note:-     *   Of the commonly listed scrip/s, the scrips satisfying all the criteria only at BSE        

              **    Of the commonly listed scrip/s, the scrips satisfying all the criteria only at NSE      

 Trading Members are requested to take adequate precaution while trading in above scrip’s, as the settlement will be done on trade-to-trade basis and no netting off positions will be allowed. Further, as per the provisions of Exchange Notice No. 20050805-12 dated 05 August 2005; a VaR Margin of 100% will also be levied on these scrips.

Trading Members should note that the transfer of scrip’s for trading and settlement on a trade-to-trade basis is purely on account of market surveillance measure and it should not be construed as an adverse action against the company. Further, this is a temporary measure and will be periodically reviewed depending on the market conditions.

In case, trading members require any clarification, they may please contact any of the following officials of the Exchange:

Ms. Saji Sunilkumar (2272 3030) / Mr. Jaimini Patel (2272 1717)

For & On behalf of BSE Ltd.

 

Yatin Padia – 022 2272 8516 / Ketan Mehta – 022 2272 8321
Marketing Communications
yatin.padia@bseindia.com / ketan.mehta@bseindia.com

February 11, 2014