Settlement mode change: selected scrips to move from trade-for-trade into normal rolling settlement in phased transfers. SEBI mandates that scrips which have established connectivity with both depositories be reclassified from the trade-for-trade settlement window into the normal rolling settlement regime; eligible companies listed for immediate transfer are to commence trading under normal rolling settlement forthwith, while additional scrips meeting connectivity are to be shifted in phased tranches by the respective stock exchanges according to the regulator's schedule.
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.
Settlement mode change: selected scrips to move from trade-for-trade into normal rolling settlement in phased transfers.
SEBI mandates that scrips which have established connectivity with both depositories be reclassified from the trade-for-trade settlement window into the normal rolling settlement regime; eligible companies listed for immediate transfer are to commence trading under normal rolling settlement forthwith, while additional scrips meeting connectivity are to be shifted in phased tranches by the respective stock exchanges according to the regulator's schedule.
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