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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

NSDL- Reiteration of SEBI circular on Framework for net settlement of funds for transactions done by Foreign Portfolio Investors (FPIs) in cash market

29-Apr-2026 | NSDL/POLICY/DDP/2026/0006

NSDL has reiterated the SEBI circular on the net settlement of funds for transactions done by Foreign Portfolio Investors (FPIs) in the cash market. Through this circular, it has been decided to permit net settlement of funds for outright transactions undertaken by FPIs in the cash market. Key Highlights: 1. The FPI transactions in securities with only outright sell or outright purchase shall be net settled to arrive at the net fund obligation for such outright transactions. Transactions in securities having both purchase and sale transactions in a settlement cycle shall be excluded from netting. Such non-outright transactions shall continue to be settled by FPI as per the current procedure, i.e. on a gross basis. 2. In case the value of outright sale is less than the value of outright purchase, the residual amount, along with non-outright purchase obligations, shall be funded by the FPI. However, if the value of the outright sale exceeds the value of the outright purchase, the excess outright sale shall not be adjusted towards non-outright purchase obligations. Accordingly, the provisions stated in Para 4 of Annexure 3 of Chapter 1 (Trading) of SEBI’s Master Circular for Stock Exchanges and Clearing Corporations dated December 30, 2024, have been modified

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Corporate Laws

NSDL reiterate the circular issued by SEBI regarding IT Resilience Index for Market Infrastructure Institutions (MIIs)

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Corporate Laws

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Labour Laws

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Property Related Laws

Tamil Nadu Real Estate Regulatory Authority has extended the registration validity and completion timelines of real estate projects affected by the West Asia situation

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Industry Specific- Pharma

Government of Himachal Pradesh has notified the Second Amendment to the Himachal Pradesh Narcotic Drugs and Psychotropic Substances Rules, 1989

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