The Securities and Exchange Board of India (SEBI) on September 16, 2025, issued the notification regarding the Extension of the Settlement Scheme for Association with Certain Algo Platforms, 2025.
The following has been stated namely: -
• The Settlement Scheme for Association with Certain Algo Platforms, 2025 has been introduced.
• This provides a settlement opportunity to such Stock Brokers associated with certain Algo platforms, against whom proceedings have been initiated by SEBI and are pending before any authority or forum, viz. Adjudicating Officer/the Securities Appellate Tribunal/Courts.
• The competent authority has extended the period of the Scheme till October 16, 2025.
