Description

Indian Clearing Corporation Limited (ICCL) has published the client margin reporting schedule for the Electronic Gold Receipts (EGR) segment for March 2026, detailing trade dates, last dates for margin reporting, and penalty dates.

Summary

Indian Clearing Corporation Limited (ICCL) has released the client margin reporting schedule for the Electronic Gold Receipts (EGR) segment for March 2026. The notice (No. 20260302-12) outlines trade dates alongside their corresponding last dates for margin reporting and penalty dates, covering the period from 02 March 2026 through 31 March 2026.

Key Points

  • Applies to all BSE members trading in the Electronic Gold Receipts (EGR) segment.
  • Margin reporting deadlines typically fall 5–7 trading days after the trade date.
  • Penalty dates are one trading day after the last date of margin reporting.
  • The schedule accounts for market holidays (e.g., no dates listed for 07–08 March, 25 March, 28–29 March).
  • Coverage extends into April 2026, with penalty dates for late-March trades falling as late as 09 April 2026.
  • Issued jointly by Manoj Panchal and Omkar Hatkar, Deputy Managers at ICCL.

Regulatory Changes

No new regulatory changes. This is a routine monthly schedule notification under existing margin reporting obligations for the EGR segment.

Compliance Requirements

  • Members must report client margins for each trade date no later than the specified “Last Date of Margin Reporting”.
  • Failure to report by the last date will attract penalties effective from the listed “Penalty Date”.
  • Members should update their internal compliance calendars to reflect these deadlines for March 2026.

Important Dates

Trade DateLast Date of Margin ReportingPenalty Date
02-03-202610-03-202611-03-2026
03-03-202610-03-202611-03-2026
04-03-202611-03-202612-03-2026
05-03-202612-03-202613-03-2026
06-03-202613-03-202613-03-2026
09-03-202616-03-202617-03-2026
10-03-202617-03-202618-03-2026
11-03-202618-03-202619-03-2026
12-03-202619-03-202620-03-2026
13-03-202620-03-202623-03-2026
16-03-202623-03-202624-03-2026
17-03-202624-03-202625-03-2026
18-03-202625-03-202626-03-2026
19-03-202626-03-202627-03-2026
20-03-202627-03-202630-03-2026
23-03-202630-03-202631-03-2026
24-03-202631-03-202601-04-2026
25-03-202601-04-202602-04-2026
26-03-202602-04-202606-04-2026
27-03-202606-04-202607-04-2026
30-03-202607-04-202608-04-2026
31-03-202608-04-202609-04-2026

Impact Assessment

This circular has minimal market impact. It is an administrative/operational notice for BSE members participating in the Electronic Gold Receipts segment, providing a reference schedule to avoid margin reporting penalties. No changes to trading rules, position limits, or margin rates are introduced. Members should ensure timely compliance to avoid penalties.

Impact Justification

Routine operational circular providing the monthly margin reporting schedule for the EGR segment. No regulatory changes or new compliance obligations; relevant only to members trading in Electronic Gold Receipts.