SEBI Expands Optional T+0 Settlement Cycle to Top 500 Stocks

Economy Business | Dated: 16 Dec 2024

The Securities and Exchange Board of India (SEBI) has issued a circular to expand the optional T+0 rolling settlement cycle to the top 500 scrips by market cap starting January 31, 2025. This move, which aims to make India one of the fastest settlement markets globally, will involve phase-wise implementation, beginning with the bottom 100 companies. Qualified brokers and market infrastructure institutions will enable seamless investor participation.

🎯 Key Highlights:

  • - SEBI expands optional T+0 settlement cycle to top 500 stocks by market cap.
  • - Phase-wise implementation begins with the bottom 100 companies

💡 Other Important Facts:

  • (i) Qualified brokers will set up systems for seamless investor participation.
  • (ii) Implementation starts on January 31, 2025.

📚 Test Your Knowledge:

When will the expanded T+0 settlement cycle for the top 500 stocks start?

Correct Answer: January 31, 2025

🚀 Quick Recap: