Notices
Notice No20190219-2Notice Date19 Feb 2019
CategoryCorporate ActionsSegmentEquity
SubjectTrading and Settlement of Trades in Dematerialised Securities LAUREL ORGANICS LTD
Content

Sub: Trading and Settlement of Trades in Dematerialised Securities LAUREL ORGANICS LTD.

Trading Members are hereby informed that  LAUREL ORGANICS LTD.  (scrip code: 530313) has signed the agreement with both the Depositories.

In this regard, the modalities for settlement of trades executed in the scrip of the Company w.e.f. Wednesday, February 20, 2019 (Sett. No. DR-225/2018-2019) would be as follows:

 

1.       The scrip would continue to be traded in Trade to Trade Segment for reasons other than non-signing of agreements with depositories. However, the trades in scrip would be required to be settled in compulsory demat form.

2.       All trades executed in the scrip would be in market lot of 1 equity share

3.       Netting will not be allowed in the scrip.

4.       Shortages in the scrip would be directly closed-out.

 

Trading Members are also requested to note the revised Group & Market Lot of the security of the Company as follows:

Sr.

Scrip Code

Scrip Name

Current Group

Revised Group

Current Market Lot

Revised Market Lot

1

530313

LAUREL ORGANICS LTD

 

P

XT

100

1

 

5.       The ISIN No. assigned to company is INE285U01025

 

In case of any query / clarification, Trading Members may please contact :

Sr. No.

Name of the Officer

 

Telephone No

1

Mr. Marian Dsouza

 

022-2272 8744

2

Mr. Amol Hosalkar

 

022 -2272 8390

  

Mangesh Tayde                                                                                                       

Senior  Manager –Listing Operations (CRD

19th   February,  2019