ICCL notified regarding the settlement holiday for all segments on account of General Assembly Elections 2024

Nov 14, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Indian Clearing Corporation Limited (ICCL) on November 13, 2024, notified regarding the settlement holiday for all segments on account of General Assembly Elections 2024.

The following has been stated namely: -

• In view of the Maharashtra Assembly General Elections on November 20, 2024, the Exchange will remain closed, and no trading will occur on that day across various segments. 

• The trading and settlement schedules for affected segments will be as follows: Trading on November 19, 2024, with settlement on November 21, 2024, for Equity Cash, Equity Derivatives, Currency Derivatives, SLB, ITP, REPO, NDS, ICDM (T+1), and November 22, 2024, for ICDM (T+2).

[Circular no. - 20241113-31]


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