Compulsory dematerialised trading: non connected issuers' shares restricted to trade for trade settlement on exchanges until connectivity established. SEBI mandates that listed scrips which have not executed depository agreements or established connectivity with both depositories shall be routed exclusively to the exchanges' trade for trade settlement window until such agreements and connectivity are completed, with affected scrips identified in the circular's annexures and phased into this settlement restriction per the implementation 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.
Compulsory dematerialised trading: non connected issuers' shares restricted to trade for trade settlement on exchanges until connectivity established.
SEBI mandates that listed scrips which have not executed depository agreements or established connectivity with both depositories shall be routed exclusively to the exchanges' trade for trade settlement window until such agreements and connectivity are completed, with affected scrips identified in the circular's annexures and phased into this settlement restriction per the implementation schedule.
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