Clearing and Settlement holidays for the Calendar year 2024
Dear Members,
In pursuance of Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are notified that the Clearing and Settlement holidays (bank holidays) on which the funds pay in & payout will not be run for the calendar year 2024 are as under:
|
Sr.
No
|
Date
|
Day
|
Description
|
|
1
|
26-Jan-24
|
Friday
|
Republic Day
|
|
2
|
08-March-24
|
Friday
|
Mahashivratri
|
|
3
|
25-Mar-24
|
Monday
|
Holi
|
|
4
|
29-March-24
|
Friday
|
Good Friday
|
|
5
|
01-Apr-24
|
Monday
|
Bank Yearly Closing
|
|
6
|
11-Apr-24
|
Thursday
|
Id-Ul-Fitr
|
|
7
|
17-April-24
|
Wednesday
|
Ram Navami
|
|
8
|
01-May-24
|
Wednesday
|
Maharashtra Day
|
|
9
|
23-May-24
|
Thursday
|
Buddh Purnima
|
|
10
|
17-June-24
|
Monday
|
Bakri-Id
|
|
11
|
17-July-24
|
Wednesday
|
Muharram
|
|
12
|
15-August-24
|
Thursday
|
Independance Day
|
|
13
|
7-Sep-24
|
Saturday
|
Ganesha Chaturthi
|
|
14
|
16-Sep-24
|
Monday
|
ID-E-Milad
|
|
15
|
2-Oct-24
|
Wednesday
|
Mahatma Gandhi Jayanti
|
|
16
|
1-Nov-24
|
Friday
|
Diwali
|
|
17
|
2-Nov-24
|
Saturday
|
Diwali (Balipratipada)
|
|
18
|
15-Nov-24
|
Friday
|
Guru Nanak Jayanti
|
|
19
|
25-Dec-24
|
Wednesday
|
Christmas
|
Members/Clients are required to keep sufficient funds in their settlement account to enable them uninterrupted trading during bank holidays including 2nd and 4th Saturdays. Funds pay in obligation and additional margins (if any) arising on the above-mentioned days shall be settled on next bank working day.
Please note that trading on the Exchange platform will be open on all days of the year.
For and on behalf of
Indian Energy Exchange Limited
Amit Kumar
Senior Vice President - Market Operations