Description

Revised market wide position limits for stock derivatives contracts in Adani Enterprises Ltd, effective November 17, 2025.

Summary

ICCL has revised the Market Wide Position Limits (MWPL) for equity derivatives contracts in Adani Enterprises Ltd (Scrip Code: 512599). The new limits apply to Stock Brokers, Foreign Portfolio Investors (FPIs) Categories I & II, and Mutual Funds, effective November 17, 2025. This revision is issued in pursuance to notice dated September 19, 2025, and partially modifies circular dated December 29, 2023.

Key Points

  • Market wide position limit set at 3,09,42,207 shares for Adani Enterprises Ltd
  • Client/NRI/Scheme of Mutual Fund limit: 30,94,017 shares
  • Trading Member Proprietary limit: 61,88,343 shares
  • TM (Proprietary+Client)/FPI (Cat I)/MF limit: 92,82,360 shares
  • Scrip Code: 512599
  • Notice Number: 20251114-50
  • Category: Settlement/RMS

Regulatory Changes

This circular revises the position limits framework for Adani Enterprises Ltd derivatives, partially modifying the earlier circular no. 20231229-46 dated December 29, 2023. The revision follows the framework established in notice no. 20250919-27 dated September 19, 2025.

Compliance Requirements

  • Stock Brokers must adhere to the revised position limits for Adani Enterprises Ltd derivatives
  • Foreign Portfolio Investors (Categories I & II) must comply with the new limits
  • Mutual Funds must ensure their positions in Adani Enterprises derivatives remain within prescribed limits
  • All participants must implement these limits starting November 17, 2025

Important Dates

  • Notice Date: November 14, 2025
  • Effective Date: November 17, 2025

Impact Assessment

This revision affects derivatives trading in Adani Enterprises Ltd, one of India’s major conglomerates. The position limits regulate the maximum number of shares that different categories of market participants can hold in derivatives contracts, ensuring orderly market functioning and risk management. Stock Brokers, FPIs, and Mutual Funds actively trading Adani Enterprises derivatives will need to adjust their positions to comply with the new limits. The staggered limits across different participant categories help maintain market liquidity while managing concentration risk.

Impact Justification

Affects position limits for derivatives trading in Adani Enterprises, impacting Stock Brokers, FPIs, and Mutual Funds. Medium impact as it's stock-specific but involves a major corporate entity.