Description
BSE announces trading and settlement schedule for ITP-SME segment covering September 1-30, 2025 with detailed settlement numbers and pay-in/pay-out dates.
Summary
BSE has published the trading and settlement programme for the Institutional Trading Platform (ITP) - SME segment for the period from September 1, 2025 to September 30, 2025. The notice provides detailed settlement schedules including settlement numbers, trading dates, and corresponding pay-in/pay-out dates.
Key Points
- Settlement programme covers 22 trading days in September 2025
- Settlement numbers range from ITP-105/25-26 to ITP-126/25-26
- Depository settlement numbers range from 2526105 to 2526126
- Standard pay-in time is 10:00 a.m. with pay-out by 11:00 a.m.
- Members must submit pay-in instructions to depositories/banks by 9:50 a.m.
- Special timing arrangements for September 8, 2025 settlements
Regulatory Changes
No regulatory changes announced. This is a routine operational schedule publication.
Compliance Requirements
- ITP-SME segment participants must adhere to published settlement schedule
- Members must submit pay-in instructions to depositories/banks by specified deadlines
- Pay-in instructions must be submitted by 9:50 a.m. for regular settlements
- For September 8 settlements: ITP-108 by 9:50 a.m., ITP-109 by 1:50 p.m.
Important Dates
- September 1-30, 2025: ITP-SME trading period covered
- September 8, 2025: Special settlement timing for two settlements (ITP-108 and ITP-109)
- October 1, 2025: Pay-out date for final September settlement (ITP-126)
Impact Assessment
This operational schedule impacts all participants in the ITP-SME segment by providing clarity on settlement timelines for September 2025. The special timing arrangements for September 8 require particular attention from market participants to ensure compliance with modified pay-in deadlines and pay-out times.
Impact Justification
Operational schedule affecting ITP-SME segment participants but routine in nature