Introduction of T+1 rolling settlement

Img October 10, 2022

This is to inform you that the current settlement cycle for equity is T+2 days. But in 2021, SEBI announced the introduction of T+1 rolling settlement in a phased manner.

From 25th February 2022 onwards exchanges have been migrating stocks to T+1 settlement in a phased manner starting with stocks with the lowest market caps.

Due to a change in the settlement cycle, any of those stocks which shifted to T+1 settlement and bought on shifting day will not be available for selling on the next day and these holdings will not be visible on the trading platform on T+1 day. They will be settled by the exchange as per the old T+2 settlement cycle and will be available for selling on T+2 working days.

For more clarification, you can refer to the SEBI circular from this Link.

South Asian Stocks Ltd. : NSE Member Code 09073, BSE Member Code 6329, MCX Member Code : 55215 , NCDEX Member Code : 1233 NSDL : IN-DP-474-2020 . SEBI Registration No. INZ000164738
Compliance Officer: NSE,BSE,MCX,NCDEX,NSDL : Mr RK Jain , 011-40409999 support@stocko.in
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