SEBI introduces T+1 rolling settlement cycle on an optional basis to boost liquidity

SEBI has now decided to provide flexibility to stock exchanges to offer either T+1 or T+2 settlement cycle. Now stock exchange may choose to offer T+1 settlement cycle on any of the scrips, after giving an advance notice of at least one month, regarding change in the settlement cycle, to all stakeholders, including the public at large, and also disseminating the same on its website.SEBI has now decided to provide flexibility to stock exchanges to offer either T+1 or T+2 settlement cycle. Now stock exchange may choose to offer T+1 settlement cycle on any of the scrips, after giving an advance notice of at least one month, regarding change in the settlement cycle, to all stakeholders, including the public at large, and also disseminating the same on its website.taxmann.com Latest Statutory HappeningsRead More

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