Description
NSE Clearing revises market-wide position limits, trading member limits, and FII/FPI limits for CAMS effective December 05, 2025.
Summary
NSE Clearing Limited has revised the market-wide position limits (MWPL), trading member (TM) position limits, FII/FPI and mutual fund (MF) position limits for Computer Age Management Services Limited (CAMS). This circular modifies previous circulars issued on April 29, 2025 and September 22, 2025.
Key Points
- Market Wide Position Limit set at 37,106,075 shares
- Overall Stock Limit for TM, FII/FPI (Category I) & MF set at 11,131,500 shares
- FPI Category II (other than individuals, family offices and corporates) limit set at 7,420,500 shares
- FPI Category II (individuals, family offices and corporates) limit set at 3,710,250 shares
- Circular references NCL/CMPT/71635, numbered 159/2025
- Issued by Futures & Options Department
Regulatory Changes
This circular partially modifies:
- Circular no. 043/2025 (NCL/CMPT/67750) dated April 29, 2025
- Circular no. 125/2025 (NCL/CMPT/70316) dated September 22, 2025
The revised limits replace the previous position limits for CAMS derivatives contracts.
Compliance Requirements
- All trading members must adhere to the revised position limits for CAMS
- FII/FPI Category I and mutual funds must comply with the overall stock limit of 11,131,500 shares
- FPI Category II entities must observe their respective category-specific limits
- Position monitoring and compliance effective from trade date December 05, 2025
Important Dates
- Circular Issue Date: December 04, 2025
- Effective Date: December 05, 2025 (trade date)
Impact Assessment
The revision affects institutional investors and trading members holding derivative positions in CAMS. The market-wide position limit of 37.1 million shares provides the overall cap for all market participants. The segmented limits ensure appropriate distribution among different participant categories, with FPI Category II limits further subdivided based on investor type. Members exceeding revised limits must adjust their positions accordingly before the effective date.
Impact Justification
Routine position limit revision for a single stock affecting institutional and trading member position limits in derivatives segment