Description
BSE announces the detailed trading and settlement schedule for the Securities Lending and Borrowing (SLB) segment covering the period from November 1 to November 30, 2025.
Summary
BSE has issued Notice No. 20251010-32 dated October 10, 2025, providing the trading and settlement programme for the Securities Lending and Borrowing (SLB) segment for the period from November 1, 2025 to November 30, 2025. The circular outlines 19 settlement cycles (SL-148/25-26 through SL-166/25-26) with corresponding trading dates, depository settlement numbers, 6A7A entry and confirmation dates, and pay-in/pay-out dates.
Key Points
- Settlement programme covers November 1-30, 2025 for SLB segment
- 19 settlement cycles scheduled: SL-148/25-26 through SL-166/25-26
- Each settlement follows T+1 pay-in/pay-out cycle
- Trading dates, 6A7A entry, and confirmation occur on the same day
- Pay-in/pay-out executed on T+1 basis
- Pay-in time: 08:00 a.m.
- Members must submit pay-in instructions to Depositories/Banks by 07:50 a.m.
- Notice issued by Indian Clearing Corporation Ltd.
Regulatory Changes
No regulatory changes introduced. This is a routine operational schedule announcement.
Compliance Requirements
- Members must submit pay-in instructions to Depositories/Banks latest by 07:50 a.m. on pay-in dates
- Pay-in must be completed by 08:00 a.m. on scheduled pay-in dates
- Members must adhere to the published settlement schedule for SLB transactions
Important Dates
| Settlement No. | Trading Date | 6A7A Entry/Confirmation | Pay-in/Pay-out |
|---|---|---|---|
| SL-148/25-26 | Nov 3, 2025 | Nov 3, 2025 | Nov 4, 2025 |
| SL-149/25-26 | Nov 4, 2025 | Nov 4, 2025 | Nov 6, 2025 |
| SL-150/25-26 | Nov 6, 2025 | Nov 6, 2025 | Nov 7, 2025 |
| SL-151/25-26 | Nov 7, 2025 | Nov 7, 2025 | Nov 10, 2025 |
| SL-152/25-26 | Nov 10, 2025 | Nov 10, 2025 | Nov 11, 2025 |
| SL-153/25-26 | Nov 11, 2025 | Nov 11, 2025 | Nov 12, 2025 |
| SL-154/25-26 | Nov 12, 2025 | Nov 12, 2025 | Nov 13, 2025 |
| SL-155/25-26 | Nov 13, 2025 | Nov 13, 2025 | Nov 14, 2025 |
| SL-156/25-26 | Nov 14, 2025 | Nov 14, 2025 | Nov 17, 2025 |
| SL-157/25-26 | Nov 17, 2025 | Nov 17, 2025 | Nov 18, 2025 |
| SL-158/25-26 | Nov 18, 2025 | Nov 18, 2025 | Nov 19, 2025 |
| SL-159/25-26 | Nov 19, 2025 | Nov 19, 2025 | Nov 20, 2025 |
| SL-160/25-26 | Nov 20, 2025 | Nov 20, 2025 | Nov 21, 2025 |
| SL-161/25-26 | Nov 21, 2025 | Nov 21, 2025 | Nov 24, 2025 |
| SL-162/25-26 | Nov 24, 2025 | Nov 24, 2025 | Nov 25, 2025 |
| SL-163/25-26 | Nov 25, 2025 | Nov 25, 2025 | Nov 26, 2025 |
| SL-164/25-26 | Nov 26, 2025 | Nov 26, 2025 | Nov 27, 2025 |
| SL-165/25-26 | Nov 27, 2025 | Nov 27, 2025 | Nov 28, 2025 |
| SL-166/25-26 | Nov 28, 2025 | Nov 28, 2025 | Dec 1, 2025 |
Impact Assessment
This is a routine operational circular with minimal market impact. The settlement schedule follows standard T+1 settlement cycle for the SLB segment, providing market participants with advance visibility into trading and settlement dates for November 2025. No changes to existing settlement procedures or timelines. Members participating in securities lending and borrowing activities should note the schedule and ensure timely submission of pay-in instructions to avoid settlement delays.
Impact Justification
Routine monthly trading and settlement schedule for SLB segment with no operational changes or impact on market participants