Description

BSE/ICCL revises market-wide position limits for Angel One Ltd stock derivatives contracts due to a stock split, effective February 26, 2026.

Summary

ICCL (Indian Clearing Corporation Ltd) has revised the market-wide position limits (MWPL) for stock derivatives contracts on Angel One Ltd (Scrip Code: 543235) following a stock split. The revision is issued under Notice No. 20260225-40, in pursuance of earlier notice No. 20251219-72 dated December 19, 2025, and in partial modification of circular No. 20231229-46 dated December 29, 2023. The new limits are effective February 26, 2026.

Key Points

  • Scrip Code: 543235 — Angel One Ltd
  • Revised Market Wide Limit: 9,67,33,080 shares
  • Client / NRI / Scheme of Mutual Fund limit: 96,72,500 shares
  • TM Proprietary limit: 1,93,45,000 shares
  • TM (Proprietary + Client) / FPI (Category I) / MF limit: 2,90,17,500 shares
  • Revision is triggered by a stock split in Angel One Ltd
  • Effective date: February 26, 2026

Regulatory Changes

The MWPL and sub-limits for stock derivatives on Angel One Ltd have been recalibrated to reflect the increased share count resulting from the stock split. This is a partial modification of circular No. 20231229-46 dated December 29, 2023, and supersedes prior limits communicated under notice No. 20251219-72 dated December 19, 2025.

Compliance Requirements

  • All members and participants trading derivatives on Angel One Ltd must adhere to the revised position limits from February 26, 2026.
  • Stock Brokers, Foreign Portfolio Investors (Category I & II), and Mutual Funds must ensure their open positions in Angel One Ltd stock derivatives do not exceed the newly prescribed limits.
  • For clarifications, members may contact Ms. Prajna Acharya (2272 8811) or Mr. Sahil Shah (2272 8902) at risk.monitoring@icclindia.com.

Important Dates

  • February 25, 2026: Date of circular issuance (Notice No. 20260225-40)
  • February 26, 2026: Effective date for revised MWPL position limits

Impact Assessment

The stock split in Angel One Ltd has resulted in a higher share count, necessitating upward revision of the MWPL to maintain proportionate limits. Market participants with open derivative positions in Angel One Ltd must review their exposure against the new thresholds. The change primarily affects derivatives traders, proprietary desks, FPIs (Cat I & II), and mutual funds. No broader market disruption is anticipated; this is a routine post-corporate-action adjustment.

Impact Justification

Operational update revising position limits for a single stock due to a stock split; directly affects brokers, FPIs, and MFs trading Angel One derivatives but has limited broader market impact.