Description

NSE Clearing Limited notifies transaction holidays for Securities Lending & Borrowing Scheme (SLBS) for calendar year 2026, listing 15 trading holidays and 4 weekend holidays.

Summary

NSE Clearing Limited has announced transaction holidays for the Securities Lending & Borrowing Scheme (SLBS) for calendar year 2026. The circular lists 15 trading holidays falling on weekdays and 4 additional holidays falling on weekends. Special Muhurat Trading will be conducted on Sunday, November 08, 2026 for Diwali Laxmi Pujan, with timings to be notified later.

Key Points

  • 15 transaction holidays announced for SLBS during calendar year 2026
  • Holidays cover national, religious, and cultural festivals
  • 4 additional holidays fall on Saturday/Sunday
  • Muhurat Trading scheduled for Sunday, November 08, 2026 (Diwali Laxmi Pujan)
  • Circular applies to all SLBS participants and custodians
  • Reference to NSE circular NSE/CMTR/71775 dated December 12, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard annual notification of market holidays.

Compliance Requirements

  • All SLBS participants and custodians must note the holiday schedule for transaction planning
  • No SLBS transactions will occur on notified holiday dates
  • Participants should plan settlements and borrowing/lending activities accounting for these holidays

Important Dates

Weekday Transaction Holidays - 2026:

  • January 26 (Monday) - Republic Day
  • March 03 (Tuesday) - Holi
  • March 26 (Thursday) - Shri Ram Navami
  • March 31 (Tuesday) - Shri Mahavir Jayanti
  • April 03 (Friday) - Good Friday
  • April 14 (Tuesday) - Dr. Baba Saheb Ambedkar Jayanti
  • May 01 (Friday) - Maharashtra Day
  • May 28 (Thursday) - Bakri Id
  • June 26 (Friday) - Muharram
  • September 14 (Monday) - Ganesh Chaturthi
  • October 02 (Friday) - Mahatma Gandhi Jayanti
  • October 20 (Tuesday) - Dussehra
  • November 10 (Tuesday) - Diwali-Balipratipada
  • November 24 (Tuesday) - Prakash Gurpurb Sri Guru Nanak Dev
  • December 25 (Friday) - Christmas

Weekend Holidays:

  • February 15, 2026 (Sunday) - Mahashivratri
  • March 21, 2026 (Saturday) - Id-Ul-Fitr (Ramadan Eid)
  • August 15, 2026 (Saturday) - Independence Day
  • November 08, 2026 (Sunday) - Diwali Laxmi Pujan (Muhurat Trading to be conducted)

Special Trading Session:

  • November 08, 2026 (Sunday) - Muhurat Trading (timings to be notified separately)

Impact Assessment

Market Impact: Medium - affects all participants in Securities Lending & Borrowing Scheme operations throughout 2026.

Operational Impact: Participants need to plan their borrowing and lending strategies around these holidays. Settlement cycles and margin requirements should account for extended non-trading periods, particularly during consecutive holidays.

Planning Considerations: The holiday schedule allows market participants to plan their SLBS activities, manage collateral requirements, and structure lending/borrowing transactions accounting for market closure days. The Muhurat Trading session provides a special trading opportunity during Diwali celebrations.

Impact Justification

Informational circular notifying scheduled market holidays for 2026 SLBS segment. Medium impact as it affects trading planning but no immediate action required.