IIDI issued a circular regarding change in Pay-in & Pay-out time for NSE IFSC settlement

Feb 27, 2025 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe India International Depository IFSC Limited (IIDI) on February 27, 2025, issued a circular regarding change in Pay-in & Pay-out time for NSE IFSC settlement.

The following has been stated: - 

•Due to settlement holidays on March 14 and March 31, 2025, the Pay-in and Pay-out times for NSE IFSC settlements have been updated. 

•For settlement on March 18, 2025, and April 03, 2025, the new deadlines are Pay-in at 5:50 PM, Pay-out at 6:00 PM, and the final Pay-out at 8:00 PM. 

•The previous deadlines were 2:50 PM and 3:00 PM. Participants should take note of these changes.

The detailed circular is given in the document below.

[Circular No.IIDI IFSC/DP/2024-25/084]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT