https://www.taxtmi.com/circulars?id=58552 Change to the auction timing and settlement sequence for seller defaults: short-delivered securities will be procured through an auction session conducted on the same calendar day after completion of pay-in, with auction-related pay-in/pay-out and close-out occurring the following day. For combined settlements arising from disparate holidays, the first settlement's auction is held the same day and settled next day, while the second settlement's auction is held the following day and settled thereafter. Exchanges must update systems, bye-laws and notify brokers for implementation. en-us Tue, 28 Dec 2010 00:00:00 +0530 Fri, 21 Dec 2018 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58552 Change to the auction timing and settlement sequence for seller defaults: short-delivered securities will be procured through an auction session conducted on the same calendar day after completion of pay-in, with auction-related pay-in/pay-out and close-out occurring the following day. For combined settlements arising from disparate holidays, the first settlement's auction is held the same day and settled next day, while the second settlement's auction is held the following day and settled thereafter. Exchanges must update systems, bye-laws and notify brokers for implementation. Circulars SEBI Tue, 28 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58552