Sub: Trading and Settlement of Trades in Dematerialised Securities – STEEL STRIPS LTD.
Trading Members are hereby informed that STEEL STRIPS LTD (scrip code: 504717) has signed the Agreement with both the Depositories.
In this regard, the modalities for settlement of trades executed in the scrip of the Company would be as follows:
1. The scrip would 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.
Further, Trading members are requested to note that Trading in the above scrip is currently under suspension and the changed parameters will be applicable on revocation of the scrip.
Trading Members are also requested to note the following revised Group & Market Lot of the security of the Company which will be changed w.e.f. Thursday, 18th April, 2019 :
|
Sr.
|
Scrip Code
|
Scrip Name
|
Current Group
|
Revised Group
|
Current Market Lot
|
Revised Market Lot
|
|
1
|
504717
|
STEEL STRIPS LTD.
|
P
|
XT
|
50
|
1
|
5. ISIN No. assigned by depository INE01RN01014
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
022 – 2272 8846
16th April, 2019 |