Securities and Exchange Board of India (Sebi) On March 15 at its board meeting announced an optional settlement cycle, launching the Beta version of optional T+0 settlement. Taking into account stakeholder feedback, the Board approved the launch of a Beta version of optional T+0 settlement, for a limited set of 25 shares, and with a limited set of brokers. "In parallel, SEBI shall continue to do further stakeholder consultation, including with the users of the Beta version. The Board shall review the progress at the end of three months and six months from the date of this implementation, and decide on further course of action," the market regulator said.