Exchanges shift Deccan Chronicle to trade-for-trade segment

Exchanges will transfer the scrip of Deccan Chronicle Holdings to trade-for-trade segment while 3i Infotech and Shree Ashtavinayak Cine Vision would be moved from T group to rolling settlement (EQ in case of NSE and B group of BSE) with effect from November 23, 2012.

Trade-for-trade segment means if one buys scrip then he has to pay for the same and take delivery or if one sells scrip then he has to give delivery of shares for getting money. In short, it means no netting off is allowed in that scrip.

The BSE will be shifting 39 scrips (including Deccan Chronicle) to T-2-T segment while 907 scrips (including the below list) would be remained in T-2-T
.
Accelya Kale Solutions, Aditya Birla Money, ARSS Infrastructure Projects, Ashapura Minechem, Everest Kanto Cylinder, HeidelbergCement India, Indo Tech Transformers, INOX Leisure, Koutons Retail India, Mastek, Piramal Life Sciences, SKS Microfinance, Subex, Wockhardt and Zee News will continue to trade in trade-for-trade segment.

The exchange will transfer 100 scrips (including 3i Infotech and Shree Ashtavinayak) from T group to B group with effect from November 23, 2012.