Please refer to Annexure V to our circular DBOD.No.FSC.BC.150/ 24.76.002/99-2000 dated March 23, 2000 read with our circular No.DBOD.BC.FSC.24 dated September 11, 2001; in terms of which " Tata TD Waterhouse Securities Ltd." was permitted to enter into ready forward contracts. Consequent upon withdrawal of authorisation to act as a Primary Dealer with effect from the close of business on February 06, 2003, it is advised that the permission granted to " Tata TD Waterhouse Securities Ltd." to enter into ready forward contracts stands revoked.
2. Please also refer to item No. 24 of Annexure V to our aforementioned circular dated March 23, 2000, in terms of which " IDBI Mutual Fund " was permitted to enter into ready forward contracts. With the change in name of " IDBI Mutual Fund " to " IDBI-Principal Fund ", it is advised that " IDBI-Principal Fund " is permitted to enter into ready forward contracts.
3. The following consequential amendments may please be carried out to Annexure V to paragraph 11.2(i) of Manual of Instructions Vol.I – Part I :-
The name " Tata TD Waterhouse Securities Ltd. " at item No.15 may be deleted.
The present item No.24 may be read as " IDBI-Principal Fund ".
4. Please acknowledge receipt.
Yours faithfully,
(Dr. N. Krishna Mohan) General Manager.
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