NSE28 Jul 2026circularPrepared by Complied AI

Change in Collateral Timings

NSE Clearing Limited has revised the cut-off timings for collateral release requests. The new cut-off time for intraday cash and FDR release is now 8:00 PM, reduced from 9:00 PM. Additionally, the cut-off time for securities end-of-day (EOD) release has been moved to 8:00 PM from 9:00 PM. The end-of-day cut-off time for cash and FDR release remains unchanged at 8:00 PM. These changes apply to all members, custodians, and professional clearing members (PCM) and are effective from July 30, 2026.

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What changed

Who is affected: All Members, Custodians, and Professional Clearing Members (PCM)
Required action: Submit collateral release requests within the revised cut-off times.
Key dates: Effective date of revised collateral timings — 29 Jul 2026

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

Source details

Source: National Stock Exchange of India
Type: circular
Published by source: 28 Jul 2026
Document number: 0275/2026
Issuing division: CAPITAL MARKET SEGMENT
Effective date: 29 Jul 2026
Coverage area: securities

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NSE Clearing Limited

DEPARTMENT: CAPITAL MARKET SEGMENT
Download Ref No: NCL/CMPT/75459	Date: July 29, 2026
Circular Ref. No: 0275/2026

All Members/Custodians/PCM

Sub: Change in Collateral Timings

This is in partial modification to circular ref. no. 0263/2026 (Download Ref No: NCL/CMPT/75318 dated July 21, 2026) regarding timings for collateral addition and release.

The revised cut-off time for placing the release request with NCL shall be as follows:

Type	Current cut off time	New cut off time
Cash and FDR Release:
Intraday	9:00 PM	8:00 PM
End of Day	8:00 PM	8:00 PM
Securities EOD	9:00 PM	8:00 PM

The above timings shall be made effective from July 30, 2026.

For and on behalf of NSE Clearing Limited

Huzefa Mahuvawala Chief Risk Officer

Telephone No	Email id
1800 266 0050 (IVR Option 2)	collaterals_ops@nsccl.co.in

Non-Confidential

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