Description
NSE Clearing Limited revises Market Wide Position Limit (MWPL) and participant/client position limits for ANGELONE in the Securities Lending and Borrowing (SLB) Scheme, effective February 27, 2026. All limits are increased approximately 10x from previous values.
Summary
NSE Clearing Limited has revised the Market Wide Position Limit (MWPL) and the position limits for Participants, Institutional Clients, and Non-Institutional Clients for the symbol ANGELONE under the Securities Lending and Borrowing (SLB) Scheme. The revision is effective from February 27, 2026, and reflects approximately a 10x increase across all limit categories. This update partially modifies circular NCL/CMPT/72552 dated January 30, 2026.
Key Points
- All SLB position limits for ANGELONE are revised upward by approximately 10x.
- The Market Wide Position Limit (MWPL) increases from 6,462,727 to 64,627,274 shares.
- Institutional Client limit increases from 646,272 to 6,462,727 shares.
- Participant limit increases from 646,272 to 6,462,727 shares.
- Non-Institutional Client limit increases from 64,627 to 646,272 shares.
- This circular partially modifies NCL/CMPT/72552 (January 30, 2026), which itself was issued pursuant to NCL/CMPT/67763 (April 30, 2025).
Regulatory Changes
| Limit Category | Old Limit (Shares) | New Limit (Shares) |
|---|---|---|
| Market Wide Position Limit (MWPL) | 6,462,727 | 64,627,274 |
| Institutional Client Limit | 646,272 | 6,462,727 |
| Participant Limit | 646,272 | 6,462,727 |
| Non-Institutional Client Limit | 64,627 | 646,272 |
Issued under: Circular Ref. No. 024/2026, Download Ref No: NCL/CMPT/73011.
Compliance Requirements
- All Participants and Custodians in the SLB scheme must take note of the revised limits for ANGELONE.
- Positions in ANGELONE under the SLB scheme must comply with the new limits effective February 27, 2026.
- Participants should ensure that their institutional and non-institutional client positions do not exceed the updated thresholds.
Important Dates
- Circular Date: February 26, 2026
- Effective Date: February 27, 2026
- Reference Period: February 2026
Impact Assessment
The ~10x increase in all SLB position limits for ANGELONE significantly expands the capacity for securities lending and borrowing activity in this scrip. This may enhance liquidity in the SLB market for ANGELONE and allow participants and institutional clients to take larger positions. The change is administrative in nature and is a partial modification of a prior monthly revision circular. Direct impact is limited to SLB participants and clients active in ANGELONE; broader equity market trading is unaffected.
Impact Justification
Routine revision of SLB position limits for a single stock (ANGELONE), with a ~10x increase across all limit categories effective the next trading day. Relevant to SLB participants and institutional clients trading ANGELONE but limited in broader market impact.