The India International Depository IFSC Ltd. (IIDI) on January 31, 2025, issued a circular regarding a Change in Pay-in & Pay-out time for NSE IFSC settlement.
The following has been stated: -
•NSE IFSC has announced a change in the pay-in and pay-out times for settlements on February 19 and 26, 2025, due to settlement holidays.
•As per NICCL Circular NSEICC/C&S/881 dated January 30, 2025, the new deadlines are 5:50 p.m. for pay-in, 6:00 p.m. for pay-out, and 8:00 p.m. for both on February 21 and 28, 2025. The previous deadlines were 2:50 p.m. for pay-in and 3:00 p.m. for pay-out.
The detailed circular is given in the document below.
[Circular No.:IIDI IFSC/DP/2024-25/082]
