Dematerialisation requirement: exchanges may move securities from Trade-for-Trade to rolling settlement if demat holdings and no other grounds. SEBI permits shifting listed securities from the Trade for Trade Segment to rolling settlement where issuers have depository connectivity and at least fifty percent of non promoter holdings are dematerialised, evidenced by a certificate from the RTA or a practicing Company Secretary/Chartered Accountant if no RTA exists; exchanges must ensure no other grounds for TFTS continuation and report actions in the Monthly/Quarterly Development Report, Section II item no. 13.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Dematerialisation requirement: exchanges may move securities from Trade-for-Trade to rolling settlement if demat holdings and no other grounds.
SEBI permits shifting listed securities from the Trade for Trade Segment to rolling settlement where issuers have depository connectivity and at least fifty percent of non promoter holdings are dematerialised, evidenced by a certificate from the RTA or a practicing Company Secretary/Chartered Accountant if no RTA exists; exchanges must ensure no other grounds for TFTS continuation and report actions in the Monthly/Quarterly Development Report, Section II item no. 13.
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