Change in Collateral Timings

What changed

NSE Clearing Limited has revised the operational timings for collateral addition and release for members, custodians, and professional clearing members (PCM). The cutoff time for cash and FDR addition has been extended to 9:00 PM, while intraday cash and FDR release is now permitted until 9:00 PM. Allocation cutoff is extended to 11:30 PM. Additionally, the circular introduces a new schedule for the release of pledged securities across 16 batches throughout the day, with an end-of-day release at 9:00 PM. Clearing members requesting the release of repledged securities for pay-in requirements must submit requests one day prior to the pay-in date. These changes are effective from July 22, 2026.