Description

BSE notifies members that the NFO subscription window for Aditya Birla Sun Life BSE Top 10 Banks ETF has been revised to close at 6:00 PM instead of midnight on February 25, 2026.

Summary

BSE has issued an update to Notice No. 20260220-46 dated February 20, 2026, informing members of a revised closure time for the NFO of Aditya Birla Sun Life BSE Top 10 Banks ETF on the BSE StAR MF Platform. The NFO, which was originally set to close at midnight on February 25, 2026, will now close at 6:00 PM on the same day.

Key Points

  • This notice updates the earlier circular No. 20260220-46 dated February 20, 2026
  • The NFO in question is Aditya Birla Sun Life BSE Top 10 Banks ETF
  • Revised NFO end time: 6:00 PM on February 25, 2026 (changed from midnight)
  • The revision was communicated by Aditya Birla Sun Life Mutual Fund (AMC) to BSE
  • The NFO is available on the BSE StAR MF Platform

Regulatory Changes

No regulatory changes. This is an operational update regarding the NFO subscription window end time as communicated by the AMC.

Compliance Requirements

  • Members and distributors using the BSE StAR MF Platform must ensure that all NFO subscription orders for Aditya Birla Sun Life BSE Top 10 Banks ETF are placed before 6:00 PM on February 25, 2026
  • Orders submitted after 6:00 PM may not be accepted

Important Dates

  • February 25, 2026, 6:00 PM: Revised NFO subscription window close time for Aditya Birla Sun Life BSE Top 10 Banks ETF (earlier: midnight)
  • February 20, 2026: Original notice date (Notice No. 20260220-46) announcing the ETF NFO launch

Impact Assessment

The impact is limited and operational in nature. Investors and distributors wishing to subscribe to the Aditya Birla Sun Life BSE Top 10 Banks ETF NFO have a shorter window than originally communicated, with the deadline moved up by several hours to 6:00 PM. No broader market or systemic impact is expected. Members should communicate this revised timeline promptly to ensure no subscription orders are missed.

Impact Justification

Operational update affecting only investors subscribing to a single ETF NFO on the same day; no regulatory changes, no broad market impact.