JSW Infrastructure Ltd IPO

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Settlement or Clearing Holidays 2023

Clearing/Settlement Holidays
A settlement is the delivery of shares and money carried out by the clearing house, like NSCCL.

Clearing or settlement holidays are the days when trade settlement and delivery remain suspended. These are separate from the share market holidays. So, there are two different lists of holidays published each year by the exchange. These are usually the days of banking holidays, national days, and religious festivals. Therefore, some of the settlement holidays coincide with trading holidays. Otherwise, the market remains open for trading (except for the currency segment) on clearing holidays, but the clearing house remains closed.

*These holiday list applies to Equity Segment, Equity Derivative Segment and SLB Segment

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