GENERAL3 Oct 2026
Sebi to soon issue framework on CAS; receives over 3,500 comments
Sebi has received over 3,500 comments on its plan to change the Closing Auction Session (CAS) mechanism, market timings and how derivative contracts settle. The comments closed on October 3. Chairman Tuhin Kanta Pandey says the regulator will quickly study them and issue a final framework soon. Investors and traders in stocks and derivatives should watch for the circular, since closing prices on expiry days may change.
Key Statutory Highlights
- Sebi received more than 3,500 comments on its consultation paper about reviewing the Closing Auction Session, market timings and settlement of derivative contracts.
- The deadline for sending comments was October 3.
- Sebi Chairman Tuhin Kanta Pandey said the regulator will quickly examine the responses and move ahead with a framework.
Actionable Advice for Taxpayers / Founders:Watch for Sebi's upcoming circular on the Closing Auction Session before making fresh expiry-day or derivatives trading plans, and check with your broker or CA on how it may affect your positions.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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