Mumbai, Sep 8 || The Securities and Exchange Board of India (SEBI) on Monday announced revised settlement schedules for the equity and derivatives segments in view of settlement holidays declared on September 5 and 8, 2025, by clearing corporations.
The holidays, observed on the occasion of Id-E-Milad, mark the birth anniversary of Prophet Muhammad.
While trading on stock exchanges will remain open, no clearing or settlement will take place on these dates as depositories NSDL and CDSL will remain shut. Consequently, fund and securities transfers will be processed on the subsequent working days.
According to SEBI, the settlement for the cash and Securities Lending and Borrowing Mechanism (SLBM) segment for the trade days of September 4 (Thursday) and September 5 (Friday) will be undertaken on September 9 (Tuesday).
The settlement for trades on September 8 (Monday) and September 9 (Tuesday) will be completed on September 10 (Wednesday).