Description
DHANI will not be available for transactions in SLB segment with effect from October 28, 2025 due to suspension of trading in equity shares.
Summary
NSE Clearing Limited has announced the exclusion of Dhani Services Limited (DHANI) from the Securities Lending & Borrowing (SLB) segment effective October 28, 2025. This action follows the suspension of trading in DHANI equity shares as communicated in NSE circular NSE/CML/70948 dated October 24, 2025.
Key Points
- DHANI will not be available for transactions in the SLB segment
- Exclusion is effective from October 28, 2025
- Decision follows prior suspension of trading in equity shares
- Circular issued by NSE Clearing Limited’s Securities Lending & Borrowing Scheme Department
- Reference circular: NSE/CML/70948 dated October 24, 2025
Regulatory Changes
DHANI securities are being removed from the eligible securities list for Securities Lending & Borrowing transactions. This represents a restriction on the availability of this security for SLB market operations.
Compliance Requirements
- All participants and custodians must note that DHANI will not be available for SLB transactions from October 28, 2025
- Participants should ensure no new SLB positions are created in DHANI from the effective date
- Existing positions should be managed in accordance with SLB regulations
Important Dates
- October 24, 2025: Original circular issued regarding trading suspension in DHANI equity shares
- October 27, 2025: Circular date announcing SLB exclusion
- October 28, 2025: Effective date for exclusion from SLB segment
Impact Assessment
Market Impact: Limited to participants engaged in Securities Lending & Borrowing activities involving DHANI. Borrowers and lenders of DHANI securities will need to close or manage existing positions as the security will no longer be available for new SLB transactions.
Operational Impact: Participants and custodians must update their systems and procedures to prevent new SLB transactions in DHANI from October 28, 2025. This follows the broader trading suspension already in effect for the security in the cash market.
Impact Justification
Affects only DHANI security in SLB segment; follows earlier trading suspension; limited to specific segment and single stock