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Thursday, February 1, 2001
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India's
first e-business paper |
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Z group stocks to be settled on trade to trade basis
Our Markets Bureau
Mumbai, Jan 31: The Bombay Stock Exchange (BSE) has decided to execute trades in all Z group stocks to be settled on a trade-to-trade basis with effect from February 5, 2001. The trades in Z group stocks would continue to be executed in the normal trading window but the settlement of the same would be done through C group (as is done in case of odd lot shares), said BSE in a statement.The delivery in respect of Z group stocks which have been mandated by Sebi for compulsory demat trading would be required in demat mode. The physical shares can be delivered only as per the exit route scheme, says the statement. Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
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Copyright 2001: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the
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