CAPITAL MARKET OPERATIONS

CIRCULAR

Circular No.: NSE/SURV/39/2008

Download No.: NSE/SURV/10871

June 23, 2008

Dear Members,

In continuance of surveillance review and pursuant to the meeting at SEBI, with a view to ensure market safety and safeguard the interest of investors, the Exchange has decided to take the following action:

 

In pursuance of Capital Market Segment Trading Regulations Part - A, 2.6, trading in the securities given at Annexure- 1 will be available in Trade for Trade segment (series: BE) at a price band of 5% with effect from June 27, 2008 (Friday). However, if the said securities are in No-Delivery period, then such securities will be transferred to trade for trade segment on the day after the securities are available In-Delivery.

 

Members are requested to note that the said securities shall consequently not be available in rolling segment (series: EQ).

 

Further, the list of securities (refer Annexure- 2) as mentioned in our circular download no. NSE/SURV/10809 dated June 09, 2008 will continue in trade for trade segment.

 

Members are requested to take adequate precaution while trading in the above securities, as the settlement will be done on trade-to-trade basis and no netting off will be allowed. Further, it may also be noted that the transfer of security for trading and settlement on a trade-to-trade basis is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company. Further, this measure will be periodically reviewed depending on the market conditions.

 

For any clarifications, members are advised to contact Ms. Sonali Karnik or Ms. Anita Fernandes on 26598166.

 

For National Stock Exchange of India Ltd.

 

 

 

 

 

Sonali Karnik

Manager

 

 

 

Annexure 1

 

Sr. No.

Symbol

Security Name

1

BANG

Bang Overseas Limited

2

BROADCAST

Broadcast Initiatives Limited

3

CAMBRIDGE

Cambridge Solutions Limited

4

REMSONSIND

Remsons Industries Ltd

 

 

Annexure 2

 

Sr. No.

Symbol

Security Name

1

APCOTEXIND

Apcotex Industries Limited

2

AUTOIND

Autoline Industries Limited

3

CCL

CCL Products (India) Limited

4

DUNCANSIND

Duncans Industries Ltd

5

EXCELCROP

Excel Crop Care Limited

6

GENESYS

Genesys International Corporation Limited

7

GINNIFILA

Ginni Filaments Ltd

8

GOLDINFRA

Goldstone Infratech Limited

9

GPELECT

GP Electronics Ltd.

10

HINDUJAFO

Hinduja Foundries Limited

11

HOVS

HOV Services Limited

12

IMPEXFERRO

Impex Ferro Tech Limited

13

INDUSFILA

Indus Fila Limited

14

KABRAEXTRU

Kabra Extrusion Technik Ltd

15

KEYCORPSER

Keynote Corp. Serv. Ltd.

16

KINETICMOT

Kinetic Motor Company Limited

17

MANALIPETC

Manali Petrochemical Ltd

18

NAGREEKCAP

Nagreeka Capital & Infrastructure Limited

19

NELCO

NELCO Limited

20

NEPCMICON

NEPC India Ltd

21

NISSAN

Nissan Copper Limited

22

PAEL

PAE Limited

23

REPRO

Repro India Limited

24

ROHITFERRO

Rohit Ferro-Tech Limited

25

SHAHALLOYS

Shah Alloys Limited

26

SHREEASHTA

Shree Ashtavinayak Cine Vision Limited

27

SMSPHARMA

SMS Pharmaceuticals Limited

28

SOFTTECHGR

Software Technology Group International Limited

29

SURYAJYOTI

Suryajyoti Spinning Mills Limied

30

TNPETRO

Tamilnadu PetroProducts Ltd.

31

UMITL

Usha Martin Infotech Limited

32

VIKASHMET

Vikash Metal & Power Limited