30th
August 2012
CSE NOTICE/MSD/2012/106
Trading Members of the
Exchange are hereby informed that to usher in better surveillance action, the
Exchange proposes to lay down the following policy for movement of scrips from
rolling to TFT and vice versa.
Information as given
under for scrips traded on the C-STAR platform of the Exchange for a period of
6 months (Starting from 1st July) to be accumulated:
S.No |
Parameters |
Benchmark |
1 |
Highest and lowest
trading price of the scrips |
As defined in the Benchmark policy approved by the Disciplinary Action
Committee on 26th September 2011 |
2 |
Volume of the scrips
traded |
Average volume in
the last six months |
3 |
Trades/Transactions
executed in the scrips |
If not traded in the
past one year will be made available in the TFT segment only |
4 |
Benchmark policy of
the Exchange |
- |
5 |
Any other
information about the company |
Including orders
received against companies by SEBI or any other regulatory bodies |
6 |
Scrips listed on
other Exchanges (BSE/NSE) |
The segment in which
the scrip is traded in these Exchanges |
In addition to the
above, if the shares are also listed on the National Exchanges i.e. NSE and/or
BSE, the data regarding the segment in which they are traded will be referred
to for taking a final decision.
Further, to acquire
from listing department data for following SEBI compliances of these scrips:
Subject to
modifications as and when prescribed by SEBI.
Based on the
aforementioned observations the Exchange will shift the scrips from TFT to
rolling settlement and vice versa. Further to this, the Surveillance department
will monitor the scrips for violations or aberrations observed if any, and take
action accordingly. The list of such scrips will be published in the website of
the Exchange to notify investors and broker members.
DGM (SEO)