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/from 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. May 23, 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
|
530707
|
Aftek Ltd.
|
Criteria I and II and III
|
2
|
532166
|
Alka Securities Ltd.
|
Criteria I and II and III
|
3
|
531297
|
Artefact Projects Ltd.
|
Criteria I and II and III
|
4
|
500052
|
Bhansali Engineering Polymers Ltd.**
|
Criteria I and II and III
|
5
|
533267
|
Cantabil Retail India Ltd.**
|
Criteria I and II and III
|
6
|
523768
|
Gujarat Borosil Ltd.
|
Criteria I and II and III
|
7
|
505725
|
Hindustan Everest Tools Ltd.
|
Criteria I and II and III
|
8
|
531661
|
Hittco Tools Ltd.
|
Criteria I and II and III
|
9
|
524019
|
Hydro S & S Industries Ltd.
|
Criteria I and II and III
|
10
|
532100
|
Indo-City Infotech Ltd.
|
Criteria I and II and III
|
11
|
532072
|
Interworld Digital Ltd.
|
Criteria I and II and III
|
12
|
524164
|
IOL Chemicals & Pharmaceuticals Ltd.
|
Criteria I and II and III
|
13
|
522259
|
Kalindee Rail Nirman (Engineers) Ltd.
|
Criteria I and II and III
|
14
|
513303
|
Modern Steels Ltd.
|
Criteria I and II and III
|
15
|
506734
|
Mysore Petro Chemicals Ltd.
|
Criteria I and II and III
|
16
|
532606
|
Parekh Aluminex Ltd.
|
Criteria I and II and III
|
17
|
514300
|
Pioneer Embroideries Ltd.**
|
Criteria I and II and III
|
18
|
531324
|
Roselabs Finance Ltd.
|
Criteria I and II and III
|
19
|
526193
|
Royal Cushion Vinyl Products Ltd.
|
Criteria I and II and III
|
20
|
526521
|
Sanghi Industries Ltd.
|
Criteria I and II and III
|
21
|
517411
|
Shyam Telecom Ltd.
|
Criteria I and II and III
|
22
|
533018
|
Simplex Mills Company Ltd.
|
Criteria I and II and III
|
23
|
524719
|
Socrus Bio Sciences Ltd.
|
Criteria I and II and III
|
24
|
512299
|
Sterling Biotech Ltd.
|
Criteria I and II and III
|
25
|
508998
|
Sterling International Enterprises Ltd.
|
Criteria I and II and III
|
26
|
532928
|
Transformers and Rectifiers (India) Ltd.
|
Criteria I and II and III
|
27
|
532513
|
TVS Electronics Ltd.
|
Criteria I and II and III
|
28
|
530151
|
Vijay Textiles Ltd.
|
Criteria I and II and III
|
29
|
524758
|
Wintac Ltd.
|
Criteria I and II and III
|
30
|
526525
|
Worldwide Leather Exports Ltd.
|
Criteria I and II and III
|
31
|
532116
|
XO Infotech 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.
Further, trading members are informed that Adi Rasayans Ltd. (Scrip Code: 531592) which is eligible to be transferred from “T” group to "B" Group w.e.f. May 23, 2014 based on the Exchange Notice no. 20140516-41 dated 16 May 2014, will remain in "T" group as a surveillance measure under Criteria I, II and III.
In case, trading members require any clarification, they may please contact any of the following officials of the Exchange:
Ms. Saji Sunilkumar (022 2272-3030) / Mr. Jaimini Patel (022 2272-5092)
For & On behalf of BSE Ltd
For & On behalf of BSE Ltd
Yatin Padia – 022 2272 8516 Marketing Communications
yatin.padia@bseindia.com / corp.comm@bseindia.com
May 20, 2014