Description

NSE Clearing notifies settlement holidays for the Debt Segment during calendar year 2026, listing 19 weekday holidays and 4 weekend holidays.

Summary

NSE Clearing Limited has notified the settlement holidays for the Debt Segment for calendar year 2026. The circular lists 19 weekday holidays and 4 additional holidays falling on weekends (Saturday/Sunday). This notification is issued in pursuance of Regulation 6.2 of NSE Clearing Limited (Capital Market Regulations, 1997).

Key Points

  • Total of 19 settlement holidays on weekdays during 2026
  • Additional 4 holidays falling on weekends
  • Applies to all Members, Custodians, and PCMs in the Debt Segment
  • Circular reference number: 0399/2025
  • NCL download reference: NCL/DS/71918

Weekday Settlement Holidays 2026

  1. January 26, 2026 (Monday) - Republic Day
  2. February 19, 2026 (Thursday) - Chhatrapati Shivaji Maharaj Jayanti
  3. March 3, 2026 (Tuesday) - Holi (Second Day)
  4. March 19, 2026 (Thursday) - Gudhi Padwa
  5. March 26, 2026 (Thursday) - Ram Navami
  6. March 31, 2026 (Tuesday) - Mahavir Jayanti
  7. April 1, 2026 (Wednesday) - Annual Bank Closing
  8. April 3, 2026 (Friday) - Good Friday
  9. April 14, 2026 (Tuesday) - Dr. Babasaheb Ambedkar Jayanti
  10. May 1, 2026 (Friday) - Maharashtra Din / Buddha Pournima
  11. May 28, 2026 (Thursday) - Bakri ID (Id-Uz-Zuha)
  12. June 26, 2026 (Friday) - Moharum
  13. August 26, 2026 (Wednesday) - Id-E-Milad
  14. September 14, 2026 (Monday) - Ganesh Chaturthi
  15. October 2, 2026 (Friday) - Mahatma Gandhi Jayanti
  16. October 20, 2026 (Tuesday) - Dussehra
  17. November 10, 2026 (Tuesday) - Diwali (Bali Pratipada)
  18. November 24, 2026 (Tuesday) - Guru Nanak Jayanti
  19. December 25, 2026 (Friday) - Christmas

Weekend Holidays

  1. February 15, 2026 (Sunday) - Mahashivratri
  2. March 21, 2026 (Saturday) - Ramzan-Id (Id-Ul-Fitr)
  3. August 15, 2026 (Saturday) - Independence Day/Parsi New Year (Shahenshahi)
  4. November 8, 2026 (Sunday) - Diwali Amavasya (Laxmi Pujan)

Compliance Requirements

  • All Members, Custodians, and PCMs in the Debt Segment must note these settlement holidays
  • Plan settlement operations accordingly for the calendar year 2026
  • No debt segment settlements will occur on the notified dates

Important Dates

  • Circular Date: December 22, 2025
  • Applicable Period: Calendar Year 2026 (January 1 to December 31, 2026)
  • First Holiday: January 26, 2026 (Republic Day)
  • Last Holiday: December 25, 2026 (Christmas)

Impact Assessment

  • Operational Impact: Medium - Members need to adjust settlement schedules and operational planning for 2026
  • Market Impact: Low - This is a routine annual notification providing advance notice of holidays
  • Planning Benefit: High advance notice allows members to plan operations, liquidity management, and resource allocation
  • Scope: Applies specifically to Debt Segment operations

Contact Information

  • Telephone: 1800 266 0050 (IVR Option 2)
  • Email: securities_ops@nsccl.co.in
  • Issuing Authority: Supriya Salian, Associate Vice President

Impact Justification

Informational circular providing advance notice of settlement holidays for 2026. Medium impact as it affects operational planning for debt segment participants.