Description

BSE informs members of a revised extension end time for the Aditya Birla Sun Life BSE Top 10 Banks ETF NFO, now closing at 6:00 PM instead of midnight on February 25, 2026.

Summary

BSE has issued an update (Notice No. 20260225-7) amending the previously announced extension for the Aditya Birla Sun Life BSE Top 10 Banks ETF NFO. The NFO subscription window will now close at 6:00 PM on February 25, 2026, instead of midnight as originally communicated in Notice No. 20260220-46 dated February 20, 2026.

Key Points

  • Revised NFO closing time: 6:00 PM on February 25, 2026 (earlier than the originally stated midnight)
  • Reference circular: Notice No. 20260220-46 dated February 20, 2026
  • Fund: Aditya Birla Sun Life BSE Top 10 Banks ETF
  • Communication received directly from Aditya Birla Sun Life Mutual Fund (AMC)
  • Platform: BSE StAR MF

Regulatory Changes

No regulatory changes. This is an operational update from the AMC communicated through BSE to its members, revising the NFO subscription end time.

Compliance Requirements

  • BSE members facilitating subscriptions to the Aditya Birla Sun Life BSE Top 10 Banks ETF NFO must ensure all transactions are submitted by 6:00 PM on February 25, 2026.
  • Members should inform investors of the revised deadline to avoid missed subscriptions.

Important Dates

  • Revised NFO End Time: 6:00 PM, February 25, 2026
  • Original Reference Notice: February 20, 2026 (Notice No. 20260220-46)

Impact Assessment

Minimal market impact. This update affects only investors intending to subscribe to the Aditya Birla Sun Life BSE Top 10 Banks ETF on the final day of the NFO. The shortened window (6:00 PM vs. midnight) may cause last-minute investors to miss the deadline if not informed in time. BSE members and distributors should promptly communicate this change to their clients.

Impact Justification

This is an administrative update to an NFO deadline, shortening the extension window by a few hours. It affects only investors participating in the specific ETF NFO on that day and has no broader market or regulatory impact.