Clearing and Settlement holidays for the Calendar year 2020

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 2020 are as under:

Sr. No	Description	Date	Day
1	Mahashivratri	21-Feb-2020	Friday
2	Holi	10-Mar-20	Tuesday
3	Annual Bank Closing	01-Apr-2020	Wednesday
4	Ram Navami	02-Apr-2020	Thursday
5	Mahavir Jayanti	06-Apr-2020	Monday
6	Good Friday	10-Apr-2020	Friday
7	Dr. Babasaheb	14-Apr-2020	Tuesday
8	Maharashtra Day	01-May-2020	Friday
9	Buddha Pournima	07-May-2020	Thursday
10	Id-Ul-Fitr (Ramzan	25-May-2020	Monday
11	Bakri-Id	01-Aug-2020	Saturday
12	Independence Day	15-Aug-2020	Saturday
13	Mahatma Gandhi	02-Oct-2020	Friday
14	Id-E-Milad	30-Oct-2020	Friday
15	Diwali-Balipratipada	16-Nov-2020	Monday
16	Gurunanak Jayanti	30-Nov-2020	Monday
17	Christmas	25-Dec-2020	Friday

Members/Clients are required to keep sufficient funds in their settlement account so as 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