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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>Shifting eligible listed companies from Trade for Trade Settlement to normal Rolling Settlement is permitted where the company has established connectivity with both depositories and there are no other grounds for continuing Trade for Trade Settlement. Prior to shifting, at least 50% of other-than-promoter holdings must be in dematerialised form, evidenced by a certificate from the Registrar and Transfer Agent or, if no separate RTA exists, from a practicing Company Secretary or Chartered Accountant. Stock exchanges must report the action taken in Monthly/Quarterly Development Reports.</description>
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      <description>Shifting eligible listed companies from Trade for Trade Settlement to normal Rolling Settlement is permitted where the company has established connectivity with both depositories and there are no other grounds for continuing Trade for Trade Settlement. Prior to shifting, at least 50% of other-than-promoter holdings must be in dematerialised form, evidenced by a certificate from the Registrar and Transfer Agent or, if no separate RTA exists, from a practicing Company Secretary or Chartered Accountant. Stock exchanges must report the action taken in Monthly/Quarterly Development Reports.</description>
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