Description

BSE announces the complete trading and settlement schedule for EGR segment operations from September 1-30, 2025.

Summary

BSE has published the complete trading and settlement programme for the EGR (Electronic Gold Receipts) segment covering the period from September 1, 2025 to September 30, 2025. The schedule includes detailed delivery and receipt auction dates with specific timing requirements for pay-in and pay-out processes.

Key Points

  • Complete month-long trading schedule for EGR segment (September 2025)
  • 22 delivery-receipt auction cycles planned (DR-110 to DR-131)
  • Pay-in deadline: 2:00 PM with pay-out by 4:00 PM
  • Special auction pay-in timing: 9:00 AM (instructions by 8:50 AM)
  • Settlement periods range from T+1 to T+4 days

Regulatory Changes

No regulatory changes announced - this is a standard operational schedule publication.

Compliance Requirements

  • Members must submit pay-in instructions to Depositories/banks by 2:00 PM
  • For auction settlements, instructions must be submitted by 8:50 AM
  • Strict adherence to published settlement dates is mandatory
  • Pay-out of funds and securities will be completed by 4:00 PM

Important Dates

  • Schedule Period: September 1-30, 2025
  • First Delivery Auction: DR-110 on September 1, 2025
  • Last Delivery Auction: DR-131 on September 30, 2025
  • Extended Settlement: RA-131 extends to October 3, 2025
  • Daily Operations: Continuous trading and settlement cycles throughout September

Impact Assessment

This schedule provides operational clarity for EGR segment participants, ensuring smooth trading and settlement operations. The predetermined dates help members plan their trading strategies and manage settlement obligations effectively. The schedule maintains regular market operations with appropriate settlement periods to manage risk.

Impact Justification

Operational schedule affecting EGR segment trading participants