31 Dec 2025, 09:06 AM Quarterly Settlement of Funds - January 2026 All unused funds in your Zerodha account as of the end of the day on January 02, 2026, will be transferred back to your primary bank account as part of the mandatory quarterly settlement process. You can expect to receive the credit of funds in your bank account during the day on January 03, 2026.Stockbrokers are required to transfer unused funds back to the client’s bank account as per SEBI regulations. Learn more.Note:Funds added back to ...

Core Insights - Bakkt is investing approximately $10 million in Transchem, with the total deal size estimated at around $40 million, aiming to provide regulated access to offshore and tokenized investment products for Indian users [1][7][8] - The investment includes an option for Bakkt to subscribe for additional warrants, which may be exercised for shares in Transchem's common stock within 18 months [7][8] Company Strategy - Bakkt's strategy involves partnering with or acquiring regulated financial intermediaries and layering digital asset infrastructure on top, similar to its approach in Japan with the acquisition of Marusho Hotta [3][8] - The broader thesis for Bakkt in India focuses on integrating licensed brokers, tokenization infrastructure, global investment rails, and crypto-linked treasury and lending products to create a scalable, regulated digital asset platform [4][8] Market Context - The move comes as India's retail investor base is expanding, with increasing interest in global equities, alternative assets, and digital investment products [4][8] - Under India's liberalized remittance scheme, residents can invest up to $250,000 annually in foreign property or securities, which supports Bakkt's strategy to attract Indian savers seeking diversification [5][8] Financial Details - Transchem's board approved a proposal to create and allot up to 6.15 crore warrants at an issue price of ₹75 each, totaling ₹461.25 crore, with Bakkt being the largest participant by subscribing to 4.75 crore warrants [6][8] - ICE currently holds a 32% stake in Bakkt, with other notable backers including Marshall Wace and BlackRock [6][8]