India – SEBI T+1 Rolling Settlement Basis

India – SEBI T+1 Rolling Settlement Basis

On 23 November 2022, IND CDSL, IND BSE, IND NCL, IND NSE, IND ICCL, IND MSE, and IND NSDL said the transition to T+1 settlement cycle will now be done in single batch.

  • In January 2023, in case of all stocks for which derivatives are available, for efficiency.
  • Exchanges will thus revise the original schedule for transition of stocks to T+1 settlement, and issue list of stocks to be transitioned in December 2022 and January 2023.