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<h1>SEBI Circular: Companies Can Shift from Trade for Trade to Rolling Settlement with 50% Dematerialized Non-Promoter Holdings.</h1> The circular issued by SEBI outlines the eligibility for companies to shift from Trade for Trade Settlement (TFTS) to normal Rolling Settlement. Companies listed in Annexure 'A' have established connectivity with both NSDL and CDSL depositories. For a shift to occur, at least 50% of non-promoter holdings must be in dematerialized form, verified by a certificate from a Registrar and Transfer Agent or a practicing professional. Additionally, there should be no other reasons for continuing TFTS. Stock exchanges are required to report actions taken to SEBI in their periodic development reports.