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NOTICES
Notice No.   20240509-23   Notice Date   09 May 2024
Category   Others   Segment   Derivatives
Subject   Extension of the ISO Settlement Scheme, 2024.
Attachments   Extension Public Notice.pdf ;
Content

To 

All Trading Members of the Exchange

Sub:  Extension of the ISO Settlement Scheme, 2024.

In continuation to the Exchange Notice No. 20240307-1 dated March 07, 2024, on the captioned matter.

  1. Vide public notice dated March 10, 2024, SEBI has introduced the ISO Settlement Scheme, 2024 (“the Scheme”) in terms of Regulation 26 of SEBI (Settlement Proceedings) Regulations, 2018 which provides a settlement opportunity to those entities that have executed trade reversals in the stock options segment of BSE during the period April 1, 2014 to September 30, 2015 and against whom adjudication proceedings have been initiated and are pending before any forum or authority.
  1. This settlement period commenced on March 11, 2024, and was to end on May 10, 2024.
  1. It has been observed that during the last few days, large number of entities have shown interest in availing the Scheme. Considering the interest of entities in availing the Scheme, the competent authority has extended the period of the Scheme till June 10, 2024.

 

A copy of the said Notice is attached herewith and available on the SEBI website https://www.sebi.gov.in/sebiweb/home/HomeAction.do?doListing=yes&sid=6&ssid=25&smid=0

 

Trading members are advised to take note of the same and inform their respective clients.

 

Jeevan Noronha                                                                                          Vinayak Bhalavi

Regulatory Correspondence                                                                     Regulatory Correspondence

Date: May 09, 2024