Sebi notifies new settlement rule; unveils formula, fast-track route. Check details

SEBI has notified a new settlement rule, introducing a formula and a fast-track route as part of the framework.

What has changed

The notification sets out a settlement formula and provides for a fast-track route. The announcement identifies both elements as key features of the new rule.

Why it matters

The rule creates a formal framework around settlement through the notified formula and an accelerated route. Further details on the formula, eligibility and implementation were not provided in the available information.

Key details

• SEBI has notified a new settlement rule.
• The rule includes a settlement formula.
• A fast-track route has also been introduced.

The notification marks a new step in SEBI's settlement framework, although the available information does not specify how the formula or fast-track route will operate.