Companies face SEBI rap over low demat ------------
BSE has shifted 207 more Companies to the Trade-For-Trade (TFT) group for non compliance with SEBIís norms to maintain at least 50% of public holding in the demat form. For completing delivery, one must have stocks in demat form. Probably this shifting of Companies to the TFT segment could force shareholders to speed up the process of converting the shares in electronic form. ( Source ET )
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