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    <title>Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement</title>
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    <description>Stock exchanges may shift trading in securities from Trade-for-Trade Settlement to Normal Rolling Settlement for companies that have established connectivity with both depositories, subject to: at least 50% of other-than-promoter holdings being dematerialized as per clause 35 of the Listing Agreement (certified by the RTA or, if none, by a practicing Company Secretary/Chartered Accountant), and absence of other grounds for continuation of TFTS; stock exchanges must report actions in their Monthly/Quarterly Development Reports.</description>
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