Establishment of connectivity with both the Depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement
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....L - Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement 1. It was prescribed vide SEBI circular no D&CC/FITTC/CIR-05/2001 dated December 26, 2001 that "the scrips of such companies which have not signed agreements and established connectivity with both the Depositories by September 30, 2001 shall be traded on Trade for Trade Settlement (TFTS) m....
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....urities from TFTS to Rolling settlement. b) The stock exchange(s) shall verify the establishment of connectivity of the company with both the Depositories. c) The stock exchange upon verification of status of establishment of connectivity by the company with both the Depositories may consider shifting the trading in these securities to Rolling Settlement subject to the following: i. At least....
TaxTMI
TaxTMI