Direct payout of securities

General
1

Hi Team,

Please share when the direct payout of securities will be resumed from the clearing corporation which was recently closed.

2

Hi @Arvin720 thank you for reaching out with your query.

As per the recent update from the clearing corporations, the implementation of direct payout of securities to clients’ DEMAT accounts has been postponed. The go-live date for resuming this service will be intimated in due course.

In the meantime, the securities payout will continue to be released to the pool account of clearing members starting with settlement number 2024213 and auction settlement number 2024214, until further notice.

We appreciate your patience as the Market Infrastructure Institutions (MIIs) work jointly to stabilise and resolve any delays in the system. Please stay tuned for further updates.

Thank you.