To
All Trading Members of
the Exchange
Sub: Due Diligence to be
exercised while trading in illiquid
securities
SEBI
has directed the Exchanges to draw up a list of illiquid securities
based on criteria jointly agreed between BSE, NSE and SEBI and make
it available to the trading members on a monthly basis. List of such
illiquid securities identified based on trading activity during the
month of June 2008 is enclosed as Annexure. The list will be
reviewed on a monthly basis.
Trading
members are advised to exercise additional due diligence while
trading in these securities either on own account or on behalf of
their clients.
P K Ramesh
General
Manager
Surveillance
& Supervision