Announcements

Get ready for T+1 Settlement!

How does this change impact your investments? Why should you care about Settlement cycles? Keep reading to know more… 

Settlement cycle refers to the timeline by which stock exchanges have to settle security transactions. Shorter settlement cycles are Good News for investors since it narrows the time window for any negative event (e.g: counterparty insolvency, bankruptcy, etc) to impact a trade settlement. 

Currently, the settlement cycle is T+2 days. In keeping with recent SEBI guidelines, NSE & BSE have decided to introduce the T+1 settlement cycle in phases in the Cash segment.

• W.e.f 25-Feb-2022 83 securities from the bottom 100 stocks based on market capitalization have been shortlisted for T+1 Settlement. 
• From Mar-2022 onwards, on the last Friday/Trade day of every month, the next bottom 500 stocks from the given list will be included in the T+1 settlement cycle.

Important points for stocks under T+1 settlement in Cash segment:

1. The stocks traded will be settled on T+1 day. 
2. The MTF (Margin Trading Facility) Pledge Request needs to be authorized by 9:00 PM on T day for MTF funding.
3. Auction settlement (if any) will happen on T+2 day.

To know more about the T+1 settlement cycle, refer

Joint Press Release| BSE Circular | Overview of T+1 settlement