IIDI issued a notification regarding the Change in Pay in and Pay out time for NSE IFSC settlement

Nov 06, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe India International Depository IFSC Ltd. (IIDI) on October 29, 2024, issued a notification regarding the Change in Pay in and Pay out time for NSE IFSC settlement.

The announced settlement holidays on November 1, 2024, November 11, 2024, and November 15, 2024. As a result, the deadlines for Pay-in and Pay-out of securities for NSE IFSC settlements on November 5, November 13, and November 19, 2024, have been updated. The new timings are as follows:

Depository Deadline Time: 5:50 p.m.

Pay-in Time: 6:00 p.m.

Pay-out Time: 8:00 p.m.

[Notification No. IIDI IFSC/DP/2024-25/071]


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