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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 securities from Trade-for-Trade Settlement to normal Rolling Settlement where the issuer has established connectivity with both depositories and there are no other grounds for TFTS continuation. Prior to shifting, at least 50% of non promoter holdings must be dematerialised, evidenced by a certificate from the Registrar and Transfer Agent or, where no RTA exists, from a practicing Company Secretary or Chartered Accountant; exchanges must report the action in their Monthly/Quarterly Development Report.</description>
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      <description>Stock exchanges may shift securities from Trade-for-Trade Settlement to normal Rolling Settlement where the issuer has established connectivity with both depositories and there are no other grounds for TFTS continuation. Prior to shifting, at least 50% of non promoter holdings must be dematerialised, evidenced by a certificate from the Registrar and Transfer Agent or, where no RTA exists, from a practicing Company Secretary or Chartered Accountant; exchanges must report the action in their Monthly/Quarterly Development Report.</description>
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