Compulsory dematerialised trading postponed for specified scrips due to depository connectivity issues; revised date to follow. SEBI has postponed the effective date for compulsory settlement of trades in dematerialised form for 51 specified scrips because some companies had not signed agreements or established connectivity with one or both depositories in time. The circular lists the affected companies and states that a revised date for compulsory dematerialised trading by institutional investors and certain foreign categories will be announced later; the underlying requirement remains intended and will take effect once depository arrangements are completed.
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Compulsory dematerialised trading postponed for specified scrips due to depository connectivity issues; revised date to follow.
SEBI has postponed the effective date for compulsory settlement of trades in dematerialised form for 51 specified scrips because some companies had not signed agreements or established connectivity with one or both depositories in time. The circular lists the affected companies and states that a revised date for compulsory dematerialised trading by institutional investors and certain foreign categories will be announced later; the underlying requirement remains intended and will take effect once depository arrangements are completed.
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