Extension of timeline for implementation of provisions of SEBI Circular dated December 10, 2024, on optional T+0 settlement cycle for Qualified Stock Brokers (QSBs)

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....learing Corporations All Depositories All Registered Stock Brokers All Custodians Sir/Madam, Subject: Extension of timeline for implementation of provisions of SEBI Circular dated December 10, 2024, on optional T+0 settlement cycle for Qualified Stock Brokers (QSBs) 1. SEBI vide Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/172 dated December 10, 2024, enhanced the scope of optio....

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.... has been decided to extend the timeline for QSBs for putting in place the necessary systems and processes for enabling seamless participation of investors in optional T+0 settlement cycle, to November 01, 2025. 4. All other provisions of SEBI Circular dated December 10, 2024 shall remain unchanged. 5. All MIIs are advised to: i. take necessary steps and put in place necessary syste....