Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement

Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement https://www.taxtmi.com/circulars?id=58525 SEBI instructs stock exchanges to consider shifting securities from Trade for Trade Settlement to normal Rolling Settlement where companies have connectivity with both depositories, provided at least 50% of other than promoter holdings are dematerialised evidenced by an RTA certificate (or certificate from a practising company secretary/chartered accountant if no RTA), and no other grounds exist for continuing TFTS; exchanges must report actions to SEBI in Monthly/Quarterly Development Reports. en-us Thu, 27 Jan 2011 00:00:00 +0530 Thu, 20 Dec 2018 17:27:00 +0530 TaxTMI RSS Generator Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement https://www.taxtmi.com/circulars?id=58525 SEBI instructs stock exchanges to consider shifting securities from Trade for Trade Settlement to normal Rolling Settlement where companies have connectivity with both depositories, provided at least 50% of other than promoter holdings are dematerialised evidenced by an RTA certificate (or certificate from a practising company secretary/chartered accountant if no RTA), and no other grounds exist for continuing TFTS; exchanges must report actions to SEBI in Monthly/Quarterly Development Reports. Circulars SEBI Thu, 27 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58525