N O T I C E
December 31, 2024
Sub: International Holidays – 2025 for custodian confirmation of Institutional trades.
In continuation to our circular No. 20231109_08 dated November 09, 2023 and with reference to the Exchange Notice Nos. 20050914-19 and 20050919-25 dated September 14 and 19, 2005, respectively, pertaining to SEBI circular regarding discontinuation of Hand Delivery Bargains / Delivery versus Payment. In this connection, trading members and custodians are requested to note the following international holidays on which the institutional trades not confirmed by the custodians would not attract penalties as mentioned therein.
Sr. No.
|
Day
|
Date
|
1.
|
Wednesday
|
January 01, 2025
|
2.
|
Monday
|
January 20, 2025
|
3.
|
Monday
|
February 17, 2025
|
4.
|
Monday
|
May 26, 2025
|
5.
|
Thursday
|
June 19, 2025
|
6.
|
Friday
|
July 04, 2025
|
7.
|
Monday
|
September 01, 2025
|
8.
|
Monday
|
October 13, 2025
|
9.
|
Tuesday
|
November 11, 2025
|
10.
|
Thursday
|
November 27, 2025
|
11.
|
Thursday
|
December 25, 2025
|
It may also be noted that the aforesaid would be applicable in respect of those settlements whose custodian confirmation day i.e., T+1 day is scheduled on such international holidays.
For Indian Clearing Corporation Ltd.
Mrunal Amberkar
Senior Manager |