Clubbing of settlements

Image by ArtByChrysti via Flickr
This is to inform you that shares bought on June 30, 2009 should not be sold on July 01, 2009 as trades done on both these days will be settled together on July 03, 2009, as there is no settlement on July 01, 2009 due to RBI Annual Closing.
Also, please note that the pay-in schedule has changed for stocks sold on June 30, 2009 and July 01, 2009 to 10.00 a.m. and 2.00 p.m. respectively.
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