Stock exchanges to start T+1 settlement cycle from Feb 25, 2022 in phases

By Administrator_India Capital Sands India’s stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to…

"Stock exchanges to start T+1 settlement cycle from Feb 25, 2022 in phases"