DOWNLOAD REF NO: NSE/CMPT/ 12880

NSCCL/SEC/2009/0358                                                                               Aug 11, 2009    

                                               

NATIONAL SECURITIES CLEARING CORPORATION LIMITED

CAPITAL MARKET CLEARING & SETTLEMENT

 

To,

All Members / Custodians

 

Sub: Timings of pay-in /pay-out for Auction settlements scheduled on August 20, 2009

This is in reference to Circular No. NSCCL/SEC/2009/0287 (Download ref no: NSE/CMPT/12662) dated Jul 01, 2009 (Settlement schedules for the month of August 2009).

 

On account of Settlement holiday on Aug 19, 2009 due to Parsi New Year, multiple settlements have been scheduled on Aug 20, 2009. Pay-in/pay-out timings for multiple settlements scheduled on Aug 20, 2009 are as under:

 

Settlement Type & Number

Trade Date

Custodial Confirmation Date

Settlement Date

Pay-in at NSCCL on settlement day

Pay-out at NSCCL on settlement day

A 2009150

18-AUG-09           

18-AUG-09

20-AUG-09

11.00 a.m.

1.30 p.m.

A 2009151

19-AUG-09

19-AUG-09

20-AUG-09

2.00 p.m.

4.30 p.m.

 

Members are also requested to take note of the cut-off timings for pay-in at the depositories end due to the revised settlement timings for Aug 20, 2009.

 

 

Yours faithfully,

 

For National Securities Clearing Corporation Ltd,

 

 

 

Rana Usman

Asst Vice President