Monday, January 23, 2023 2:47 pm
As per SEBI, the T+1 settlement cycle is now becoming applicable to all equity stocks.
This is being implemented in a phased manner. The first list of stocks applicable for the T+1 settlement cycle went live from 25th February 2022. The last list of stocks applicable for the T+1 settlement cycle will go live from 27th Jan 2023.
However, to avoid any pay-in shortage due to this change you will not be allowed to sell T1 holdings of the** following stocks:**
But you will still be able to see them under ‘T1 holdings’.
Also note that all pending securities in bonds, Mutual Funds, etc will also be moving to T+1 settlement and not be available for selling on that day.
