TMI BlogEstablishment of connectivity with both the Depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling SettlementX X X X Extracts X X X X X X X X Extracts X X X X ..... : Establishment of connectivity with both the Depositories NSDL and CDSL 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 Sept ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge(s) having nationwide terminals for shifting the trading of its securities 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 s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted from TFTS to Rolling Settlement. 4. Stock Exchanges are directed to bring the provisions of this circular to the notice of the companies listed on the exchange and also disseminate the same on their website. 5. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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