4^th February, 2016

NOTICE

Sub: Streamlining the Process of Public Issue of Equity Shares and Convertibles

To all listed companies

 Attention of all listed companies of the Calcutta Stock Exchange is drawn to SEBI Circular Ref. No. SEBI/HO/CFD/DIL/CIR/P/2016/26 dated January 21, 2016 (copy available at CSE web-site at www.cse-india.com and SEBI web-site at www.sebi.com) wherein

“As a part of the continuing endeavor to streamline the process of public issue of equity shares and convertibles, the following has been decided, in consultation with the market participants-

· Validation of electronic bid details with depository records for DP ID Client ID and PAN at periodic intervals throughout the bidding during the bidding period.

Syndicate members, registered brokers of stock exchanges, depository participants (DPs) and registrars to an issue and share transfer agents (RTAs) registered with SEBI, to forward the physical application forms received by them on day-to-day basis during the bidding period to designated branches of the respective self-certified syndicate banks (SCSBs) for blocking of funds. Such applications should be with value not more than Rs. 2 lakh and shall be forwarded along with the schedule specified in SEBI Circular dated November 10, 2015.

· All intermediaries are advised to cooperate with each other and take necessary steps to ensure compliance with this circular.”

This is for information of all listed companies of CSE.

Deputy General Manager