Description

BSE updates the list of securities eligible for trading in the Securities Lending and Borrowing (SLB) segment, including major stocks across various sectors.

Summary

BSE has issued a revised list of scrips eligible for trading in the Securities Lending and Borrowing (SLB) segment. The list includes a comprehensive range of securities across various sectors including banking, pharmaceuticals, manufacturing, energy, and technology. This update enables market participants to identify which securities can be lent or borrowed through the SLB mechanism.

Key Points

  • Updated list of SLB-eligible securities provided with scrip codes, names, symbols, and ISIN numbers
  • Includes major companies from diverse sectors: banking (SBIN, HDFCBANK, KOTAK), pharmaceuticals (CIPLA, DRREDDY), manufacturing (ABB, BHEL, BEML), energy (HINDPETRO, MRPL, CHENNPETRO), and IT (INFY)
  • List contains both large-cap and mid-cap securities
  • Each security is identified with complete details: BSE scrip code, company name, trading symbol, and ISIN number
  • Covers companies across multiple industries providing broad market coverage for SLB activities

Regulatory Changes

This circular represents a routine update to the eligible securities list for the SLB segment. No new regulatory framework or compliance requirements are introduced. The update ensures market participants have current information on which securities can be utilized for lending and borrowing transactions.

Compliance Requirements

  • Market participants engaged in securities lending and borrowing must refer to this updated list
  • Only securities included in this list are eligible for SLB transactions on BSE
  • Participants should update their systems and records to reflect the current eligible securities
  • Lending and borrowing activities must be limited to the securities specified in this circular

Important Dates

  • Circular Date: January 5, 2026
  • Effective Date: As published (January 5, 2026)

Impact Assessment

This circular has medium impact on securities lending and borrowing operations:

Market Participants Affected:

  • Institutional investors engaged in securities lending programs
  • Brokers and intermediaries facilitating SLB transactions
  • Custodians managing securities lending activities

Operational Impact:

  • Participants must verify securities against the updated list before executing SLB transactions
  • Any changes from previous list (additions or removals) require operational adjustments
  • System updates may be needed to reflect current eligible securities

Market Liquidity:

  • SLB segment provides additional liquidity and price discovery mechanism
  • Updated list ensures transparency in eligible securities
  • Facilitates efficient borrowing for short-selling and other legitimate trading strategies

Impact Justification

Regular update to SLB eligible securities list affects participants in securities lending and borrowing activities but does not represent a structural market change