Description
BSE announces the trading and settlement schedule for the Institutional Trading Platform (ITP) SME segment for the period 01.04.2026 to 30.04.2026, covering settlement numbers ITP-002/26-27 through ITP-021/26-27.
Summary
BSE has released the trading and settlement programme for the Institutional Trading Platform (ITP) under the SME segment for April 2026 (FY 2026-27). The schedule covers settlement numbers ITP-002/26-27 through ITP-021/26-27, spanning trading dates from 01-04-2026 to 30-04-2026. Settlement follows a T+1 pay-in/pay-out cycle, with pay-in due by 10:00 a.m. and pay-out effected by 11:00 a.m.
Key Points
- Settlement period covers 01-04-2026 to 30-04-2026 under FY 2026-27 numbering.
- Depository settlement numbers run from 2627002 to 2627021.
- Standard T+1 settlement cycle applies: pay-in at 10:00 a.m., pay-out by 11:00 a.m.
- Members must submit pay-in instructions to depositories/banks by 09:50 a.m. (10 minutes before pay-in deadline).
- Special dual-settlement arrangement applies on 02-04-2026: ITP-001/26-27 (trade date 30-03-2026) settles with pay-in at 10:00 a.m. and pay-out by 12:30 p.m.; ITP-002/26-27 (trade date 01-04-2026) settles with pay-in at 4:30 p.m. and pay-out by 9:30 p.m.
- Clearing handled by Indian Clearing Corporation Ltd.
Regulatory Changes
No regulatory changes. This is a routine periodic calendar publication.
Compliance Requirements
- Trading members on the ITP-SME segment must adhere to the specified pay-in timings for each settlement.
- Pay-in instructions to depositories and banks must be submitted by 09:50 a.m. for standard settlements, and by 04:20 p.m. for the evening settlement of ITP-002/26-27 on 02-04-2026.
Important Dates
| Settlement No. | Trade Date | Pay-in/Pay-out Date |
|---|---|---|
| ITP-002/26-27 | 01-04-2026 | 02-04-2026 |
| ITP-003/26-27 | 02-04-2026 | 06-04-2026 |
| ITP-004/26-27 | 06-04-2026 | 07-04-2026 |
| ITP-005/26-27 | 07-04-2026 | 08-04-2026 |
| ITP-006/26-27 | 08-04-2026 | 09-04-2026 |
| ITP-007/26-27 | 09-04-2026 | 10-04-2026 |
| ITP-008/26-27 | 10-04-2026 | 13-04-2026 |
| ITP-009/26-27 | 13-04-2026 | 15-04-2026 |
| ITP-010/26-27 | 15-04-2026 | 16-04-2026 |
| ITP-011/26-27 | 16-04-2026 | 17-04-2026 |
| ITP-012/26-27 | 17-04-2026 | 20-04-2026 |
| ITP-013/26-27 | 20-04-2026 | 21-04-2026 |
| ITP-014/26-27 | 21-04-2026 | 22-04-2026 |
| ITP-015/26-27 | 22-04-2026 | 23-04-2026 |
| ITP-016/26-27 | 23-04-2026 | 24-04-2026 |
| ITP-017/26-27 | 24-04-2026 | 27-04-2026 |
| ITP-018/26-27 | 27-04-2026 | 28-04-2026 |
| ITP-019/26-27 | 28-04-2026 | 29-04-2026 |
| ITP-020/26-27 | 29-04-2026 | 30-04-2026 |
| ITP-021/26-27 | 30-04-2026 | 04-05-2026 |
Note: 14-04-2026 is a holiday (no trading); settlement on 09-04-2026 skips to 15-04-2026 accordingly.
Impact Assessment
This circular has medium operational impact for ITP-SME segment participants who must plan their settlement obligations for April 2026. The special back-to-back settlement on 02-04-2026 (marking the start of FY 2026-27) requires participants to manage two separate settlements on the same date with different timing windows. No impact on retail investors or broader market operations.
Impact Justification
Routine operational circular publishing the monthly settlement calendar for ITP-SME segment. Directly affects members and participants trading on the ITP platform but involves no regulatory changes or compliance actions.