Facilities of CNS, CFRS and ALBRS for specified scrips
Summary
SEBI advises stock exchanges to provide Continuous Net Settlement, Carry Forward under Rolling Settlement, and Automated Lending and Borrowing Mechanism facilities for fifteen specified scrips. The circular lists the eligible companies including Aftek Infosys Ltd., GAIL, and Kotak Mahindra Finance Ltd. Eligible exchanges are instructed to announce commencement dates for these facilities after providing due notice to the market.
Text
following 15 scrips which are being traded currently in the compulsory rolling settlement shall have the facilities of Continuous Net Settlement (CNS), Carry Forward under Rolling Settlement (CFRS) and Automated Lending and Borrowing Mechanism under Rolling Settlement (ALBRS)
1 Aftek Infosys Ltd. 2 BFL Software Ltd. 3 Chambal Fertilizers & Chemicals Ltd. 4 Essar Steel Ltd. 5 GAIL 6 Global Trust Bank Ltd. 7 Indus Ind Bank Ltd. 8 Kotak Mahindra Finance Ltd. 9 Lupin Laboratories Ltd. 10 Morepan Laboratories Ltd. 11 Orchid Chemicals & Pharmaceuticals Ltd. 12 Pentafour Communications Ltd. 13 Shri Adhikari Brothers Television Network Ltd. 14 Sundaram Clayton Ltd. 15 Visualsoft Technologies Ltd.
The Exchanges which are eligible to provide these products are advised to announce the dates for the commencement of these facilities for these scrips after giving due notice to the market.
Source: SecMarx — Facilities of CNS, CFRS and ALBRS for specified scrips. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.