The Hindu Business Line : SEBI recommends select stocks out of TT segment

SEBI has announced that the following companies — Ashim Investment Co, Associated Alcohols and Breweries, Kothari Safe Deposits, Oswal Yarns, Panyam Cements and Mineral Industries, Purbanchal Prestressed, Sangrahalaya Timber and Crafts, Scana Color (India) Ltd, Shibir India, Subhash Yurim Textiles and Tashi India — have established connectivity with both NSDL and CDSL by July 31. Trading in the companies may be shifted to rolling segment from trade for trade segment (TT) by stock exchanges subject to at least 50 per cent of non-promoter holdings in the company being in demat mode before shifting as per clause 35 of Listing Agreement. Also, there should be no other grounds for continuation of trading in TT.

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