Upcoming Settlement Holiday on 12-May-25

This is to inform you that 12-May-25 is a Settlement Holiday due to Buddha Pournima. The Currency Segment will be closed for trading on this day. However, other segments are open to trading.

What this means for you:

You can place your Trades as usual, except the stocks purchased on 09-May-25 will not be allowed to be sold on 12-May-25. The settlement of funds/securities will be processed as detailed in the table below:

Segment

Trade Placed On

Date of Settlement

Equity

09-May-25

13-May-25

Derivatives (F&O)

09-May-25

13-May-25

Note: Stock purchased on 09-May-25 will not be allowed to be sold on 12-May-25. This change is only for double pay-in/payout of stock due to the settlement holiday on 12-May-25 and is not a regular change.

Your credit balance for 12-May-25 will not include the following:

Segment

Account Balance Exclusions

Equity

Intraday Profits made on 09-May-25

Derivatives (Equity F&O, Currency & Commodity)

Credits Made From Trades Done On 09-May-25

Just so you know: Settlement holidays refer to days when markets (except the Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades made during that day will be settled in the next settlement cycle, as per the respective segments.

Please note the following pointers for fund payout with regard to this settlement holiday.

  1. The funds from shares sold on 09-May-25, Friday, will be available for withdrawal on 13-May-25
  2. No fund payout will be processed on 12-May-25.
  3. All funds withdrawal requests placed from 09-May-25 (post 5:30 pm) till Tuesday, 13-May-25, by 7 am will be processed and credited on 13-May-25 by 11 am, subject to funds available in your ledger. 
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