Revision in Contract note Format- Revised Implementation Timeline

To All Market Participants,

Members are advised to take note of the Exchange circular no 20250429-69 dated 29-April-2025, & Indian Clearing Corporation Ltd (ICCL) circular no 20250328-94 dated 28-March-2025 regarding the implementation timeline of Common Contract note with single VWAP.  

Pursuant to direction received from SEBI, and in view of the feedback received from market participants during the mock test environment to enable more extensive end-to-end UAT and wider participation, the implementation timeline has been revised, and the go-live date is now extended to 01-July-2025.

Accordingly, Members are requested to note that the OTR and custodial trade confirmation related changes shall be effective from trade date 01-July-2025.

For any queries or further clarifications, escalations can be made to:

cm_settlements@icclindia.com

iccl.projects@icclindia.com

For and on behalf of Indian Clearing Corporation Ltd.,

Akshat Chaturvedi                                                                Vijayeta Gurao 

Head, Operations                                                                   Assistant General Manager