Media Release
Revision of Scrips in Trade To Trade Segment
As a part of Surveillance measures and based on the extant SEBI framework, the Exchanges transfer various securities for settlement on a Trade-to-Trade basis. The criteria for shifting securities to/from for settlement on trade to trade basis is decided in consultation with SEBI and applied uniformly across the stock exchanges and reviewed periodically.
The detailed criteria of shifting scrip to/from Trade-to-Trade are available on website at http://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 securities satisfying all the criteria I, II and III will be included in "T" or “XT” Group and they would be traded and settled on Trade to Trade basis w.e.f. January 05, 2017 and would attract a circuit filter of 5% or lower as applicable.
|
Sr.No.
|
Scrip Code
|
ISIN NUMBER
|
Scrip Name
|
Moved to
|
|
1
|
526711
|
INE627D01016
|
Adarsh Plant Protect Ltd
|
XT
|
|
2
|
590088
|
INE129D01039
|
Adinath Bio-Labs Ltd
|
XT
|
|
3
|
539799
|
INE316L01019
|
Bharat Wire Ropes Ltd
|
T
|
|
4
|
532219
|
INE306C01019
|
Energy Development Company Ltd
|
T
|
|
5
|
532081
|
INE216D01026
|
KSS Ltd **
|
T
|
|
6
|
523594
|
INE638D01021
|
Kunststoffe Industries Ltd
|
XT
|
|
7
|
513532
|
INE770A01010
|
Pradeep Metals Ltd
|
XT
|
|
8
|
532387
|
INE392B01011
|
Pritish Nandy Communications Ltd **
|
T
|
|
9
|
500399
|
INE629B01024
|
Steelco Gujarat Ltd
|
XT
|
|
10
|
532035
|
INE808C01014
|
Unistar Multimedia Ltd
|
XT
|
Note:- * Of the commonly listed security/ies, the security satisfying all the criteria only at BSE
** Of the commonly listed security/ies, the security satisfying all the criteria only at NSE
Trading Members are requested to take adequate precaution while trading in above securities, 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 security/ies 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.
Media Contact
Yatin Padia – 022 2272 8516
Corporate Communications
yatin.padia@bseindia.com
January 03, 2017