Description

BSE has updated the list of securities eligible for trading in the Securities Lending and Borrowing (SLB) segment.

Summary

BSE has issued a revised list of scrips eligible for trading in the Securities Lending and Borrowing (SLB) segment. The list includes major blue-chip stocks across various sectors including banking, pharmaceuticals, automobile, energy, infrastructure, and consumer goods. The SLB segment allows institutional investors and other eligible participants to lend and borrow securities for various purposes including hedging, arbitrage, and short selling.

Key Points

  • Updated list of securities eligible for Securities Lending and Borrowing (SLB) segment
  • Includes prominent large-cap stocks such as HDFC Bank, SBI, Infosys, Kotak Mahindra Bank, JSW Steel, and Bajaj Finance
  • Covers diverse sectors: banking, pharmaceuticals, manufacturing, energy, consumer goods, and infrastructure
  • List includes scrip code, scrip name, symbol, and ISIN number for each eligible security
  • Major PSU stocks included: BHEL, SAIL, BEL, Hindustan Petroleum, MRPL, Chennai Petroleum
  • Financial sector well-represented with HDFC Bank, SBI, Kotak Mahindra Bank, IDBI Bank, IFCI

Regulatory Changes

No new regulatory changes. This is a routine update to the existing list of SLB-eligible securities, reflecting the current composition of scrips approved for lending and borrowing activities.

Compliance Requirements

  • Market participants engaged in securities lending and borrowing must refer to this updated list
  • Only securities listed in this circular are eligible for SLB transactions
  • Participants must ensure compliance with existing SLB framework and guidelines
  • Brokers and institutional investors should update their systems with the revised list

Important Dates

  • Circular Date: January 5, 2026
  • Effective Date: Not explicitly mentioned; typically effective immediately upon publication

Impact Assessment

Market Impact: Medium - The SLB segment facilitates price discovery, improves market liquidity, and enables risk management strategies. The inclusion of blue-chip stocks provides institutional investors with opportunities for generating additional returns through lending and allows short-sellers to borrow securities.

Operational Impact: Low - This is a routine administrative update that does not materially change market operations. Participants already familiar with SLB mechanisms simply need to note the current list of eligible securities.

Investor Impact: Medium - Retail investors are generally not affected as SLB is primarily used by institutional investors. However, the segment indirectly benefits all investors by improving market efficiency and liquidity in the listed securities.

Impact Justification

Routine administrative update affecting SLB segment participants; enables lending/borrowing opportunities for listed securities but does not affect normal trading operations