Compulsory dematerialised trading postponed for non connected issuers; failure to connect moves shares to trade for trade settlement. Issuers designated for compulsory dematerialised trading that did not sign agreements or establish connectivity with both depositories received a one month extension to complete such arrangements; failure to do so by the extended effective date will result in their shares being traded only on the exchanges' trade for trade settlement window. Certain scrips listed in annexures A and B have their compulsory dematerialisation implementation postponed to the next scheduled effective date, and three named banks are excluded from the compulsory list.
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Provisions expressly mentioned in the judgment/order text.
Compulsory dematerialised trading postponed for non connected issuers; failure to connect moves shares to trade for trade settlement.
Issuers designated for compulsory dematerialised trading that did not sign agreements or establish connectivity with both depositories received a one month extension to complete such arrangements; failure to do so by the extended effective date will result in their shares being traded only on the exchanges' trade for trade settlement window. Certain scrips listed in annexures A and B have their compulsory dematerialisation implementation postponed to the next scheduled effective date, and three named banks are excluded from the compulsory list.
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