Notices
Notice No20180906-37Notice Date06 Sep 2018
CategoryCorporate ActionsSegmentEquity
SubjectTrading and Settlement of Trades in Dematerialised Securities
Content

 

Sub: Trading and Settlement of Trades in Dematerialised Securities

 

Trading Members are hereby informed that PRASHANT INDIA LTD.  (scrip code: 519014) 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.  Tuesday, September 11, 2018 (Sett. No. DR-116/2018-2019) 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

519014

PRASHANT INDIA LTD

P

XT

100

1

 

5.       The ISIN No. assigned to company is INE100E01012

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)

6th September,  2018