Revised Activity schedule for T+2 rolling settlement

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....CDSL Dear Sir / Madam, Sub: Revised Activity schedule for T+2 rolling settlement 1. Please refer to SEBI circular No. SMD/POLICY/Cir -6 /03 dated February 06, 2003 on the captioned subject. 2. In order to provide more time for the custodians to confirm the trades following the decision to discontinue hand delivery bargains/DVP trades, it has been decided to revise the existing time limit for c....

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....ation files to brokers/ custodians by the CC/CH. 3 T+2 By 11.00 am Pay-in of securities and funds. By 1.30 pm Pay-out of securities and funds. 3. The above mentioned revised activity schedule shall come into force from September 19, 2005, i.e., the date of implementation of the circular No. MRD/DoP/SE/Cir-17/2005 dated September 02, 2005 on discontinuance of hand delivery bargains/DVP trade....