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of <h1>SEBI Grants Extension for Dematerialized Trading Compliance; New Deadline Set for September 25, 2000.</h1> The circular from SEBI addresses the compulsory settlement of trades in dematerialized securities. Companies included in the compulsory list but failing to establish connectivity with depositories by the stipulated date are granted an extension until September 25, 2000. If they fail to comply, their shares will be traded only on the 'trade for trade settlement' window. The effective date for dematerialized trading for 77 scrips is postponed to September 25, 2000. Additionally, 38 scrips previously postponed will also commence compulsory dematerialized trading on that date. Three companies are excluded from the compulsory list.
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