Description
BSE revises trading settlement numbers for the Electronic Gold Receipts (EGR) segment for trading dates March 30 and March 31, 2026, impacting pay-in/pay-out schedules and depository processing.
Summary
BSE, through Indian Clearing Corporation Ltd (ICCL), has issued revised trading settlement numbers for the Electronic Gold Receipts (EGR) segment for trading dates March 30, 2026 and March 31, 2026. This revision supersedes the earlier Notice No. 20260219-4 dated February 19, 2026. Both CDSL and NSDL are directed to update their systems accordingly.
Key Points
- Revised settlement numbers replace those issued in the earlier notice dated February 19, 2026
- Two trading dates affected: March 30, 2026 and March 31, 2026
- Settlement number 2526258 revised to 2627001 for March 30, 2026
- Settlement number 2526259 revised to 2627002 for March 31, 2026
- Both CDSL and NSDL must act on the revised settlement numbers
- ICCL officials Omkar Hatkar and Mayur Prajapati (Deputy Managers) have issued the notice
Regulatory Changes
No new regulatory framework introduced. This is an operational revision to previously communicated settlement numbers for the EGR segment, issued by Indian Clearing Corporation Ltd under BSE.
Compliance Requirements
- Depositories (CDSL and NSDL): Must update systems with the revised settlement numbers and ensure smooth processing of pay-in/pay-out obligations for March 30 and March 31, 2026 trading dates.
- EGR Segment Participants: Should be aware of revised settlement numbers for reconciliation and reporting purposes.
Important Dates
| Trading Date | Revised Sett. No. | Pay-in/Pay-out Date | Auction Pay-in/Pay-out |
|---|---|---|---|
| 30-03-2026 | 2627001 | 02-04-2026 | 06-04-2026 |
| 31-03-2026 | 2627002 | 02-04-2026 | 07-04-2026 |
- Notice Date: March 5, 2026
- Effective Trading Dates: March 30–31, 2026
- Pay-in/Pay-out: April 2, 2026 (both dates)
- Auction Pay-in/Pay-out: April 6, 2026 (for March 30) and April 7, 2026 (for March 31)
Impact Assessment
This circular has a moderate operational impact limited to the EGR segment. Depositories and clearing participants must update their records to reflect the revised settlement numbers to avoid processing failures or mismatches during pay-in/pay-out cycles around end of March and early April 2026. The revision likely reflects a fiscal year-end adjustment (March 30–31 being near financial year-end in India), which commonly requires settlement number realignments. No broader market disruption is expected.
Impact Justification
Operational update affecting EGR segment participants and depositories; revised settlement numbers are critical for accurate depository processing but limited in broader market impact.