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of <h1>SEBI Mandates Dematerialized Trading for 44 Companies; Remaining 158 Scrips on Trade-for-Trade Basis Starting November 13, 2000.</h1> The Securities and Exchange Board of India (SEBI) issued a circular addressing the trading and settlement of trades in dematerialized securities. Companies were required to establish connectivity with depositories by specific dates. For 202 scrips, connectivity was to be established by October 30, 2000. Of these, 44 companies complied and will have compulsory dematerialized trading starting January 29, 2001. The remaining 158 scrips will be traded on a 'trade for trade' basis from November 13, 2000. Companies that establish connectivity after being shifted to the 'trade for trade' window can revert to normal trading. Currently, 16 companies have achieved this and will resume normal trading from November 27, 2000, with compulsory dematerialized trading starting February 26, 2001.
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