National Stock Exchange of India Begins Electronic Settlement of Unlisted Shares

The National Stock Exchange of India (NSE) has introduced electronic settlement for trades of its unlisted shares, replacing the previous manual process. This transition is expected to significantly reduce settlement time and improve efficiency.

The new system operates through Central Depository Services India Ltd (CDSL), enabling faster and more secure transfers. Investors can now use a Delivery Instruction Slip (DIS) for seamless transactions, ensuring compliance with market regulations.

This move aligns with SEBI guidelines and enhances market transparency. With NSE’s ISIN activated, liquidity in the grey market is expected to rise, benefiting investors.