Search: settlement

September 2026

• 24Sep

  SEBISEBI Board: first-time debt issuers need not list old NCDs, one advertisement code for seven intermediaries, new Settlement Regulations and Depository Receipts on REIT/InvIT units

  Reg 62A eased; one ad codeNew facility

  Four decisions of the SEBI Board of 24 September 2026 matter to issuers and regulated entities: Regulation 62A of the LODR Regulations will require listing only of future NCD issues; a Common Advertisement Code drops prior approval for most advertisements; Settlement Regulations, 2026 bring a new formula and a settlement notice before the show cause notice; and REITs and InvITs get Depository Receipts and easier unitholder voting.

• 24Sep

  SEBISEBI Board meeting of 24 September 2026: all 13 items in one table — new Portfolio Managers and Settlement Regulations, FPIs in commodity derivatives, Accredited Investor changes

  SEBI Board: 13 itemsNew facility

  The 215th meeting of the SEBI Board, held in Mumbai on 24 September 2026, cleared a long list: new Portfolio Managers Regulations, new Settlement Regulations, a Common Advertisement Code, FPIs in more commodity derivatives, wider Vault Manager rules, changes for REITs and InvITs, an easier debt-listing rule and a reworked Accredited Investor framework. A fourth settlement scheme for illiquid stock options was placed before it.

• 15Sep

  FEMA & RBIUPI stays free for person-to-person transfers and merchant payments up to ₹2,000; 0.4% MDR on specified merchant payments above ₹2,000, says Finance Ministry

  UPI: 0.4% MDR above ₹2,000Clarified

  The Ministry of Finance says the new UPI framework under the Payment and Settlement Systems Act, 2007 does not touch person-to-person transfers. Merchant payments up to ₹2,000 and small merchants receiving up to ₹1 lakh a month stay at zero MDR. A 0.4% MDR applies to merchant payments above ₹2,000, capped at ₹300 for ₹75,000 and above; customers are not to be charged.

• 12Sep

  SEBISEBI proposes changing how expiry-day settlement prices of derivatives are fixed after the Closing Auction Session; comment window closed on 3 October 2026

  CAS review: 7 proposalsComments invited

  A SEBI consultation paper issued on 12 September 2026 proposes two options for the expiry-day settlement price of index and stock derivatives — a blended VWAP of the last 30 minutes of continuous trading and the 10-minute Closing Auction Session, or the earlier 30-minute VWAP for an interim period. It also proposes revised market timings and changes to auction orders. Comments were due by 3 October 2026; the window has closed.

• 3Sep

  LabourEPFO’s VISHWAS, 2026: settle old PF damages at 0.25% to 1% a month — window closes 28 December 2026

  28 December 2026Relief

  The one-time settlement scheme covers delayed PF contributions prior to 14 June 2024. EPFO says the closing date will not be extended.

• 3Sep

  SEBISEBI proposes net settlement of funds for outright cash-market trades of mutual fund schemes; securities to stay gross. Comment window closed on 24 September 2026

  MF net fund settlement: draftComments invited

  A SEBI consultation paper issued on 3 September 2026 proposes to let a mutual fund scheme net its fund obligations for outright buy and sell transactions in the cash market, as already permitted for FPIs. Netting would be only at scheme level, securities would continue to settle gross, and STT and stamp duty would stay on delivery basis. Comments were due by 24 September 2026; the window has closed.