Normal rolling settlement: specified scrips moved from trade-for-trade into rolling settlement with staged effectiveness dates. The circular directs immediate migration of specified scrips to Normal Rolling Settlement where depository connectivity exists, and prescribes phased transfers of further scrip cohorts from the trade-for-trade segment into normal rolling settlement on specified future effective dates, requiring exchanges to implement these settlement-mode changes contingent on depository connectivity.
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.
Normal rolling settlement: specified scrips moved from trade-for-trade into rolling settlement with staged effectiveness dates.
The circular directs immediate migration of specified scrips to Normal Rolling Settlement where depository connectivity exists, and prescribes phased transfers of further scrip cohorts from the trade-for-trade segment into normal rolling settlement on specified future effective dates, requiring exchanges to implement these settlement-mode changes contingent on depository connectivity.
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