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.
📚 Test Your Knowledge:
When will the expanded T+0 settlement cycle for the top 500 stocks start?
Correct Answer: January 31, 2025