SEBI defers T+0 settlement deadline for brokers indefinitely

October 31, 2025

SEBI said new timelines and guidance will be announced later.

The Securities and Exchange Board of India (SEBI) has further extended the deadline for Qualified Stock Brokers (QSBs) to implement systems and processes required for the optional T+0 settlement cycle in the equity cash market.

Originally scheduled for May 2025 and later extended to November 1, 2025, the regulator has now deferred the deadline indefinitely, citing challenges brokers face in achieving readiness.

SEBI said the revised implementation timeline and further guidance will be communicated later.

[The Hindu Business Line]