Dual depository connectivity allows shifting from trade-for-trade to normal rolling segment, subject to exchange reporting obligations. Stock Exchanges are directed to shift companies that established connectivity with both depositories to the Normal Rolling Segment (NRS) provided there are no other specific grounds for their continuation in the Trade for Trade Segment (TFTS). Exchanges must report the action taken in the Monthly Development Report in the specified reporting field as a compliance measure.
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.
Dual depository connectivity allows shifting from trade-for-trade to normal rolling segment, subject to exchange reporting obligations.
Stock Exchanges are directed to shift companies that established connectivity with both depositories to the Normal Rolling Segment (NRS) provided there are no other specific grounds for their continuation in the Trade for Trade Segment (TFTS). Exchanges must report the action taken in the Monthly Development Report in the specified reporting field as a compliance measure.
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