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<h1>Dematerialisation requirement enables shift from trade-for-trade to rolling settlement when majority holdings are in demat form.</h1> Shifting securities from Trade for Trade Settlement to normal Rolling Settlement is conditioned on companies having established connectivity with both depositories and on at least 50% of other than promoter holdings being dematerialised, certified by the Registrar and Transfer Agent or, if none, by a practicing company secretary or chartered accountant; exchanges must ensure no other grounds for TFTS continuation and report actions to SEBI.