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of <h1>SEBI Directs Shift of Companies from Trade for Trade Segment to Normal Rolling Segment by Dec 31, 2003.</h1> The circular issued by SEBI addresses the shift of certain companies from the Trade for Trade Segment (TFTS) to the Normal Rolling Segment (NRS) after establishing connectivity with both NSDL and CDSL by December 31, 2003. Stock exchanges are instructed to transition these companies to NRS unless specific grounds necessitate their continuation in TFTS. The exchanges must report their actions regarding this shift in the April 2004 Monthly Development Report. The circular includes a list of companies affected by this directive.
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