Description
NSE Clearing revises position limits for INDIAGLYCO in Securities Lending and Borrowing Scheme, doubling all limits effective August 13, 2025.
Summary
NSE Clearing Limited has revised the Market Wide Position Limit (MWPL) and position limits for Participants, Institutional clients, and Non-Institutional clients for INDIAGLYCO in the Securities Lending and Borrowing Scheme. All limits have been doubled, effective from August 13, 2025.
Key Points
- Market Wide Position Limit increased from 1,207,046 shares to 2,414,093 shares
- Institutional client limit doubled from 120,704 shares to 241,409 shares
- Participant limit doubled from 120,704 shares to 241,409 shares
- Non-Institutional client limit increased from 12,070 shares to 24,140 shares
- Changes apply to Securities Lending and Borrowing Scheme for August 2025
Regulatory Changes
Revision of position limits in Securities Lending and Borrowing Scheme pursuant to previous circulars NCL/CMPT/67763 dated April 30, 2025, and partial modification of NCL/CMPT/69437 dated July 31, 2025.
Compliance Requirements
- All participants and custodians must take note of the revised limits
- New limits must be implemented from August 13, 2025
- Applicable for trading activities in INDIAGLYCO under Securities Lending and Borrowing Scheme
Important Dates
- Effective Date: August 13, 2025
- Circular Date: August 12, 2025
- Applicable Period: August 2025
Impact Assessment
The doubling of all position limits for INDIAGLYCO significantly increases trading capacity for all participant categories in the Securities Lending and Borrowing Scheme. This enhancement may improve market liquidity and provide greater flexibility for institutional and retail participants in their securities lending and borrowing activities.
Impact Justification
Significant increase in position limits for INDIAGLYCO affects trading capacity for all participant categories