Description

NSE extends migration deadline for self-service connectivity links from Sify POPs at STT Ultadanga Kolkata and Jivan Vihar Delhi to December 26, 2025.

Summary

NSE has extended the migration deadline for self-service connectivity links from existing Sify POP locations to December 26, 2025. This extension applies to members using self-service links at STT Ultadanga Kolkata and Jivan Vihar Delhi POPs. The Telecom Network Integrator (TNI) Sify reported minimal progress on self-service link migrations, prompting this extension based on member representations. Members must complete migration by the revised deadline to ensure continued trading connectivity.

Key Points

  • Migration deadline extended from December 9, 2025 to December 26, 2025 for self-service links only
  • Extension applies to two POP locations: STT Kolkata and Jivan Vihar Delhi
  • New POP locations are Sify KOL (Kolkata) and Sify OKHLA (Delhi)
  • Little progress reported on self-service link migrations by TNI Sify
  • Extension granted based on member representations
  • Members with self-service links must complete migration to maintain trading connectivity
  • Original migration announcement made on August 5, 2025
  • Subsequent reminders issued on November 7, 2025 and November 28, 2025

Regulatory Changes

No regulatory changes. This is an operational infrastructure migration with extended compliance timeline.

Compliance Requirements

  • Trading members with self-service links at affected POPs must migrate to new locations by December 26, 2025
  • Members responsible for ensuring migration completion to maintain uninterrupted trading connectivity
  • Members should contact TNI Sify using details in Annexure 1 (Sify Handbook) for migration queries
  • Contact: Toll Free 1800-266-0050 or msm@nse.co.in

Important Dates

  • August 5, 2025: Initial migration announcement
  • November 7, 2025: First reminder circular
  • November 28, 2025: Second reminder circular
  • December 9, 2025: Original discontinuation date (now extended)
  • December 26, 2025: Revised discontinuation date for existing POPs (self-service links)

Impact Assessment

Operational Impact: High - Members who fail to migrate self-service links by December 26, 2025 will lose trading connectivity to the Exchange. This directly affects ability to execute trades and participate in market operations.

Affected Parties: Trading members using self-service connectivity model through Sify POPs at Kolkata (STT Ultadanga) and Delhi (Jivan Vihar) locations.

Mitigation: Extension provides additional 17 days for members to complete migration. Members must proactively coordinate with Sify TNI to ensure timely completion. NSE acts only as facilitator; connectivity procurement and maintenance is member’s responsibility.

Risk: Non-compliance results in loss of trading access after December 26, 2025 when existing POPs are discontinued by TNI.

Impact Justification

Critical infrastructure migration affecting trading connectivity. Members must migrate by extended deadline to maintain trading access.