Due to issues at the depository and clearing corporation level, equity cash segment settlements have been impacted across brokers since trade date 03 February 2026.

Equity cash segment settlements normally follow a T+1 cycle. However, system stress at the depository level led to delays and changes in the settlement and auction process.

As part of the revised settlement mechanism, auction settlements for trades dated 05 February 2026 and 06 February 2026 were combined and completed on 10 February 2026.

As a result:

• Securities received through market auction will be credited and visible in holdings from 11 February 2026 (BOD).

• Few of our clients have been identified as shortage cases at the clearing corporation level:

  • Securities will not be credited to demat in such cases.

  • Funds credit will be provided as per the auction settlement process.

• For certain sell trades executed on 05 February 2026, shares were debited from client demat accounts within prescribed timelines.

  • Due to the revised settlement handling, these securities were not considered for settlement and were marked as shortages.

  • This may result in shares reappearing in holdings, while auction-related debits reflect in the ledger.

Our team is coordinating with CDSL and NCL to facilitate re-credit of securities wherever applicable. We will continue to keep updated as we receive further updates from CDSL and NCL.