Media Release

Media Release

Revision of Scrips in Trade To Trade Segment – Inclusions in ‘T’ and ‘XT’ Groups

As a part of Surveillance measures and based on the extant SEBI framework, the Exchanges transfer various securities for settlement on a Trade-to-Trade basis. The criteria for shifting securities to/from for settlement on trade to trade basis is decided in consultation with SEBI and applied uniformly across the stock exchanges and reviewed periodically.

The detailed criteria of shifting scrip to/from Trade-to-Trade are available on website at http://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 securities mentioned in Annexure I which are satisfying all the criteria I, II and III will be transferred to T / XT Group w.e.f. July 05, 2018.  The securities mentioned in Annexure II will continue to remain in T / XT / P / Z / ZP Group and would attract a circuit filter of 5% or lower as applicable.  

Trading Members are requested to take adequate precaution while trading in above securities, 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 security/ies 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.

Annexure I

Moving in Trade to Trade:

Scrip Code

ISIN Number

Scrip Long Name

Group

Moved To

513353

INE105D01013

Cochin Minerals & Rutiles Ltd

X

XT

514448

INE577D01013

Jyoti Resins & Adhesives Ltd

X

XT

532529

INE155G01029

New Delhi Television Ltd

B

T

532391

INE808B01016

Opto Circuits (India) Ltd

B

T

539962

INE064D01012

Quest Financial Services Ltd

X

XT

532354

INE400B01020

Virgo Global Ltd

X

XT

         

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

Annexure II

Scrips already in Trade to Trade:

Scrip Code

ISIN Number

Scrip Long Name

Group

 

538364

INE795P01023

Birdhi Chand Pannalal Agencies Ltd

XT

 

507515

INE557D01015

CJ Gelatine Products Ltd

XT

 

530879

INE345H01016

Capital India Finance Ltd

XT

 

540361

INE575D01033

Danube Industries Ltd

XT

 

533264

INE481K01021

Electrosteel Steels Ltd

T

 

502901

INE462D01018

Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd

XT

 

530173

INE473F01010

Oscar Global Ltd

XT

 

523523

INE028D01025

Rainbow Papers Ltd**

T

 

505515

INE203N01015

Shyamkamal Investments Ltd

XT

 

520141

INE441C01014

Sibar Auto Parts Ltd

XT

 

532669

INE371B01015

Southern Online Bio Technologies Ltd

XT

 

532874

INE274I01016

Suryachakra Power Corporation Ltd

XT

 

512553

INE058B01018

Zenith Exports Ltd

T

 
         

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

 

Media Contact

 

Yatin Padia – 022 2272 8516 / Rahul Vyas – 022 2272 8472

Corporate Communications
yatin.padia@bseindia.com / rahul.vyas@bseindia.com

 

 

July 3, 2018