Daijiworld Media Network - Mumbai

Mumbai, Oct 30: The Securities and Exchange Board of India (SEBI) has extended the deadline for Qualified Stock Brokers (QSBs) to set up systems and processes required for the optional T+0 rolling settlement in the equity cash market.

The decision came after several brokers cited operational and technical challenges in meeting the original November 1, 2025 deadline. SEBI said a new implementation timeline will be announced later to ensure a smooth transition and investor protection.

T+0 settlement allows trades to be settled on the same day they are executed, improving market liquidity and fund access for investors. However, the shift requires extensive system upgrades by market intermediaries.

The regulator said the extension reflects its effort to balance technological readiness with market efficiency.

Meanwhile, SEBI has also released a consultation paper proposing an overhaul of mutual fund regulations, including lower brokerage costs, clearer fee disclosures, and simplified investor charges. The proposals aim to tighten cost structures for Asset Management Companies (AMCs) and ensure that a greater share of benefits directly reach investors.