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<h1>SEBI Allows Certain Companies to Shift from TFTS to Rolling Segment if 50% Non-Promoter Holdings are Dematerialized.</h1> The circular from SEBI outlines that certain companies, listed in Annexure A, have established connectivity with both NSDL and CDSL during April and May 2007. These companies are eligible to shift their trading from the Trade for Trade Segment (TFTS) to the Rolling Segment, provided that at least 50% of non-promoter holdings are in dematerialized form. Companies must obtain a certification from their Registrar and Transfer Agent or a practicing professional if no separate RTA exists. Stock exchanges are required to report actions taken to SEBI in their Monthly/Quarterly Development Report.