Description

NSE Clearing revises market-wide position limits and participant limits for GOKULAGRO and TATAINVEST in Securities Lending and Borrowing Scheme, effective October 15, 2025.

Summary

NSE Clearing Limited has revised the Market Wide Position Limit (MWPL), Participant limits, Institutional client limits, and Non-Institutional client limits for GOKULAGRO and TATAINVEST securities in the Securities Lending and Borrowing Scheme for October 2025. The revised limits will be effective from October 15, 2025, representing substantial increases for both securities.

Key Points

  • GOKULAGRO MWPL increased from 3,884,638 shares to 7,769,276 shares (100% increase)
  • TATAINVEST MWPL increased from 1,346,634 shares to 13,466,349 shares (900% increase)
  • Participant and Institutional client limits doubled for GOKULAGRO (388,463 to 776,927 shares)
  • Participant and Institutional client limits increased 10x for TATAINVEST (134,663 to 1,346,634 shares)
  • Non-Institutional client limits doubled for GOKULAGRO (38,846 to 77,692 shares)
  • Non-Institutional client limits increased 10x for TATAINVEST (13,466 to 134,663 shares)
  • Changes effective from October 15, 2025

Regulatory Changes

This circular modifies the position limits previously established in circular NCL/CMPT/67763 dated April 30, 2025, and partially modifies circular NCL/CMPT/70547 dated September 30, 2025. The revision significantly expands the available limits for both securities in the SLB scheme.

Compliance Requirements

  • All Participants and Custodians must note the revised limits
  • Participants must ensure their positions and client positions comply with new limits from October 15, 2025
  • Contact support@nsccl.co.in or call 18002660050 (IVR Option 2) for queries

Important Dates

  • Circular Date: October 14, 2025
  • Effective Date: October 15, 2025
  • Applicable Period: October 2025

Impact Assessment

The revised limits significantly increase trading capacity in the Securities Lending and Borrowing Scheme for both securities. GOKULAGRO sees a 100% increase across all limit categories, while TATAINVEST experiences a dramatic 900-1000% increase, indicating substantially enhanced borrowing and lending capacity. This expansion allows greater participation by institutional and non-institutional clients, potentially improving liquidity and market efficiency for these securities in the SLB segment.

Impact Justification

Affects participants and clients trading these specific stocks in SLB scheme with significant limit increases, but limited to two securities