Back

Change in settlement cycle for 507 stocks from 30th December 2022

SEBI Regulations
29 December '2022
6:00 PM

As per the press release dated 9th November 2022, The Securities and Exchange Board of India had confirmed that the 11th batch of stocks would be moving to the T+1 settlement cycle from 30th December 2022 (Friday) onwards. As a result, the stocks bought on 29th December 2022 (Thursday) will not be available for selling on 30th December 2022 (Friday). These stocks will be settled by the exchange on Monday as per the old T+2 settlement cycle and will be available for selling on 02nd January 2023 (Monday).

Also, stocks bought on 30th December 2022 (Friday) will be settled as per their new settlement cycle (T+1) and will be available for selling on 02nd January 2023 (Monday).

For more details, check the 11th batch of T+1 settlement stocks cycle here.

To know more about the T+1 settlement, refer to this press release.

icon-5-minutes

Open Your Demat Account in Under 5 Minutes

Have any queries? Get support icon-link-next