Change in settlement cycle for 531 stocks from Friday - 30th December 2022

[MayurBennadi]

From 25th February 2022 onwards exchanges have been migrating stocks to T+1 settlement in a phased manner starting with stocks with the lowest market cap. From 30th December 2022 onwards, the 11th batch of stocks will be moving to the T+1 settlement cycle in which there will be 531 stocks.

How does this impact me?

Due to change in settlement cycle, any of those stocks bought on Thursday, 29th December 2022, will not be available for selling on Friday 30th December 2022.

Stocks bought on Thursday will be settled by the exchange on Monday as per the old T+2 settlement cycle and will be available for selling on Monday.

Stocks bought on Friday will be settled as per their new settlement cycle, T+1, and will be available for selling on Monday.

We’ve added this Nudge on Kite explaining the same:

You can learn more about the T+1 settlement cycle here:

Introduction of T+1 Rolling settlement on an optional basis

India will be the second large market after China to implement the T+1 settlement cycle of stocks. Most markets in the world are in the T+2 settlement cycle. What this means is that when you buy stocks, it hits your Demat account after 2 days, and similarly, when you sell stocks you get to withdraw the funds after 2 days. This, 2 days will now become 1 day. Here is the press release from the exchanges. What it says is that starting Feb 25th, 2022, 100 stocks (starting with the lowest market ca…

The list of all stocks that have been moved to T+1 settlement is available here:

Stocks transferred to T+1 settlement

When can I withdraw the credit received from selling these stocks?

The credit received from selling these T1 settled stocks will be available for withdrawal from the next day itself, that is on T+1.

[chinmay]

When are Nifty 50 stocks getting moved to T+1 settlement? @MayurBennadi @ShubhS9

[ShubhS9]

@chinmay

When are Nifty 50 stocks getting moved to T+1 settlement? @MayurBennadi @ShubhS9

All stocks that are trading in F&O segment (this will include Nifty 50 as well) will be moved to T+1 settlement at the end of next month: All F&O stocks to be moved to T+1 settlement in January 2023

[aniln]

T +1 settlement cycle has made life difficult for those investors who after selling the shares , transfer to brokers account through DIS either physical or online.

[Jack_R]

@MayurBennadi

From 25th February 2022 onwards exchanges have been migrating stocks to T+1 settlement in a phased manner starting with stocks with the lowest market cap. From 30th December 2022 onwards, the 11th batch of stocks will be moving to the T+1 settlement cycle in which there will be 531 stocks.

How does this impact me?

Due to change in settlement cycle, any of those stocks bought on Thursday, 29th December 2022, will not be available for selling on Friday 30th December 2022.

Stocks bought on Thursday will be settled by the exchange on Monday as per the old T+2 settlement cycle and will be available for selling on Monday.

Stocks bought on Friday will be settled as per their new settlement cycle, T+1, and will be available for selling on Monday.

So far how many stocks have moved to T+1 cycle?

[Aoz]

@Jack_R

So far how many stocks have moved to T+1 cycle?

5140 stocks as of 30-Dec-2022. You can check here: Stocks transferred to T+1 settlement - Google Sheets

[Raj711]

Will Liquidbees come into T+1 settlement soon too or no info on this?

[Ragavendran_M]

From January 27 all the scrips will be in T+1 settlement including liquidbees.

[Magnum007]

Does that mean BTST trades will be possible on all stocks from Jan 27th?
@ShubhS9

[ShubhS9]

@Magnum007

Does that mean BTST trades will be possible on all stocks from Jan 27th?
@ShubhS9

No in all stocks. Stocks that are settled on trade-to-trade basis can only be sold after they are credited to your demat account.

Under T+2 settlement, you could sell T2T stocks only after T+2 days. Under T+1 settlement, you can sell these after T+1 day.

[Magnum007]

sorry @ShubhS9, am not used to cash segment but doesnt T+1 mean the next day when the shares should be available in my demat account? so why is btst not possible?