How to identify the scrips which are settled with compulsory demat delivery in the Rolling Settlements?
The trades in all “A”, “B1” and “B2” group scrips can only be settled with demat delivery. However, the trades in B1 group securities of State Bank of Bikaner and Jaipur, State Bank of Travancor and State Bank of Mysore, although permitted in CRS on netting basis, are settled in physical form since these banks have obtained exemption from SEBI from dematerialization of their securities. Further, the trades in certain scrips which have been mandated by SEBI for compulsory demat delivery for all investors but have been included in “Z” group by the Exchange are compulsorily required to be settled by demat delivery and the market lot of such scrips is 1 (one).
