NSDL issued a circular regarding the Change in Pay in & Pay out time for NSE and BSE settlements

Jan 30, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Securities Depository Limited (NSDL) on January 29, 2025, issued a circular regarding the Change in Pay-in & Pay-out time for NSE and BSE settlements.

In view of the live trading session scheduled by NSE and BSE on February 1, 2025, due to the presentation of the Union Budget, the deadline times for the pay-in of securities for various settlements have been revised. For NSE settlements, the NSDL deadline for settlement number 2025023 is now 10:20 a.m., with the pay-in at 10:30 a.m., and pay-in/pay-out at 12:30 p.m. on February 3, 2025. Similarly, for settlement number 2025024, the deadlines have been advanced to 1:50 p.m. for NSDL and 2:00 p.m. for NSE, with the pay-in/pay-out at 4:30 p.m. The auction settlement for 2025024 will not be conducted, and its shortages will be assigned to auction settlement number 2025025.

For BSE settlements, rolling market lot settlement number 2425811 now has an NSDL deadline of 10:20 a.m., BSE pay-in at 10:30 a.m., and pay-in/pay-out at 12:30 p.m. on February 3, 2025. Settlement number 2425812 follows a revised NSDL deadline of 1:50 p.m., BSE pay-in at 2:00 p.m., and pay-in/pay-out at 4:30 p.m. Participants are advised to update their systems and execute all pay-in instructions well before the revised NSDL deadline times to ensure smooth processing.

[Notification No. NSDL/POLICY/2025/0012]


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