Pursuant to SEBI Circular no. SEBI/Cir/ISD/1/2010 dated September 2, 2010 read with Circular no. SEBI/Cir/ISD/2/2010 dated October 26, 2010, SEBI Circular no. SEBI/Cir/ISD/1/2012 dated March 30, 2012 and SEBI Circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015, all the listed companies that have not achieved the mandated public/ promoter holding in demat, the trading in securities of such companies will be traded and settled on Trade-for-trade basis i.e. “T” group.
Trading Members are hereby informed that, the companies given in Annexure I have not achieved 50% public shareholding in demat form, as per the shareholding pattern submitted by the companies for the quarter ended June, 2019 or have not submitted the shareholding pattern or submitted incorrect shareholding pattern for the quarter ended June, 2019 and hence these companies will be transferred to ‘T’/ ‘XT’/ ‘MT’ group w.e.f. August 23, 2019.
Further, companies listed in Annexure - II, which are in ‘T’/ ‘XT’/ ’MT’ group will continue to remain in ‘T’/ ‘XT’/ ‘MT’ group since they have either not achieved at least 50% public holding and/or 100% promoter holding in demat form as per SEBI directives or have not submitted the shareholding pattern or have submitted incorrect shareholding pattern for the quarter ended June, 2019.
The companies will remain in ‘T’/ ‘XT’ / ’MT’ group till the next quarterly review.
The companies given in Annexure III which are in ‘T’/ ‘XT’/ ‘MT’ group will continue to remain in ‘T’/ ‘XT’/ ‘MT’ group for reasons other than demat criteria as per aforesaid SEBI circulars.
Moreover, the companies listed in Annexure – IV which have reported that they have achieved at least 50% public holding and 100% promoter holding in demat form in the shareholding pattern submitted for the quarter ended June, 2019 will be transferred from ‘T’/ ‘XT’/ ‘MT’ group to ‘B’ / ‘X’ / ‘M’ groups and in the normal settlement mode w.e.f. August 23, 2019.
In case of any query / clarification, members may please contact Priyanka Chaurasia/Harshad Naik on Tel. no. 022 2272 8559 / 5650
Abhijit Pai Priyanka Chaurasia
Dy. General Manager Assistant Manager
Listing Compliance Listing Compliance
August 16, 2019
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