Description
BSE announces revised settlement dates due to Maharashtra government declaring September 08, 2025 as public holiday and cancelling September 05, 2025 holiday.
Summary
BSE has revised settlement schedules for all major trading segments due to the Maharashtra government declaring September 08, 2025 as a public holiday and cancelling the previously declared holiday on September 05, 2025. All settlements originally scheduled for September 08, 2025 have been moved to September 09, 2025.
Key Points
- September 08, 2025 declared as public holiday by Maharashtra government
- September 05, 2025 holiday has been cancelled
- Settlement dates revised for equity, equity derivatives, currency derivatives, and commodity derivatives
- Currency derivatives trading on September 08, 2025 stands cancelled
Regulatory Changes
Based on RBI press release 2025-2026/1042 dated September 04, 2025, the Government of Maharashtra has made changes to public holidays under Section 25 of the Negotiable Instruments Act, 1881.
Important Dates
Revised Settlement Schedule:
Equity, Equity Derivatives & Commodity Derivatives:
- Trade Date: September 04, 2025 → Settlement: September 09, 2025 (revised from September 08)
- Trade Date: September 05, 2025 → Settlement: September 09, 2025 (revised from September 08)
Currency Derivatives:
- Trade Date: September 04, 2025 → Settlement: September 09, 2025 (revised from September 08)
- Trade Date: September 05, 2025 → Settlement: September 09, 2025 (new settlement date)
- September 08, 2025: Trading holiday - no settlement applicable
Impact Assessment
This revision affects settlement timing for all major trading segments, with settlements being delayed by one day. Market participants need to adjust their settlement expectations and cash flow planning accordingly. Currency derivatives segment is particularly impacted with September 08, 2025 becoming a complete trading holiday.
Impact Justification
Affects settlement schedules across all major trading segments impacting market operations