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Due to a settlement holiday on August 26, 2026, NSE Clearing Limited has rescheduled multiple settlements to August 27, 2026. This update affects all members, custodians, and professional clearing members (PCMs) operating in the Capital Market segment. The circular provides specific pay-in and pay-out timings for various settlement types, revised auction cycles, and updated schedules for uploading unpaid Margin Trading Facility (MTF) files. Additionally, the cut-off time for early pay-in of securities on August 27, 2026, is set at 9:00 p.m. Members are advised to note the revised depository cut-off timings and ensure compliance with the adjusted operational schedule.
What you must do
Key dates
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NSE Clearing Limited (Formerly known as National Securities Clearing Corporation Ltd.)
SEGMENT: CAPITAL MARKET SEGMENT
| Download Ref No: NCL/CMPT/75670 | Date: Aug 11, 2026 |
|---|---|
| Circular Ref. No: 291/2026 |
All Members/Custodians/PCMs,
Sub: CM - Multiple Settlements scheduled on August 27, 2026
Members are requested to note that on account of settlement holiday on August 26, 2026 multiple settlements have been scheduled on August 27, 2026. Details of the settlement schedule for multiple settlements are as given below:
| T+1 Settlement Type & Number | Trade Date | Custodial Confirmation Date | Settlement Date | Pay-in time | Pay-out time |
|---|---|---|---|---|---|
| A 2026159 | 25-Aug-26 | 25-Aug-26 | 27-Aug-26 | 08.00 hrs | 10.00 hrs |
| M, Z, B 2026160 | 25-Aug-26 | 27-Aug-26 | 27-Aug-26 | 10.30 hrs | 15.30 hrs |
| M, Z, B 2026161 | 26-Aug-26 | 27-Aug-26 | 27-Aug-26 | 16.30 hrs | 21.00 hrs |
You are also requested to take note of the cut-off timings for pay-in at the depositories end due to the revised settlement timings for August 27, 2026.
The Auction trading and settlement under the revised auction cycle for T+1 shall be conducted as follows:
| T+1 Settlement Number | Trade Date | Custodial Confirmation Date | Settlement Date | Auction Settlement Number | Auction Trade Date | Auction Settlement Date |
|---|---|---|---|---|---|---|
| M 2026160 | 25-Aug-26 | 27-Aug-26 | 27-Aug-26 | A 2026160 | 27-Aug-26 | 28-Aug-26 |
| M 2026161 | 26-Aug-26 | 27-Aug-26 | 27-Aug-26 | A 2026162 | 28-Aug-26 | 31-Aug-26 |
| M 2026162 | 27-Aug-26 | 28-Aug-26 | 28-Aug-26 |
The timings for uploading the UNPAID MTF files for T+1 shall be as follows:
| T+1 Settlement Number | Trade Date | Settlement Date | Timings on 25-Aug-26 | Timings on 26-Aug-26 | Timings on 27-Aug-26 |
|---|---|---|---|---|---|
| M, Z 2026160 | 25-Aug-26 | 27-Aug-26 | 15:30 to 22:00 | 15:30 to 22:00 | 06:30 to 10:00 |
| M, Z 2026161 | 26-Aug-26 | 27-Aug-26 | - | 15:30 to 22:00 | 06:30 to 13:00 |
For the purpose of early pay-in of securities on August 27, 2026, the cut-off will be 9 p.m. Members may please take note of clarity provided in exchange circular NSE/INSP/57112 dated June 14, 2023 whereby securities marked as early pay-in in the depository system on the trading day would be considered for margin reporting.
For and on behalf of NSE Clearing Limited
Supriya Salian Associate Vice President
| Telephone No | Email id |
|---|---|
| 1800 266 0050 (IVR option 2) | securities_ops@nsccl.co.in |
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