Description

NSE Clearing Limited releases the revised list of securities available for transactions under the Securities Lending and Borrowing Scheme (SLBS) for April 2026, containing over 175+ eligible securities.

Summary

NSE Clearing Limited (NCL) has issued the revised list of securities eligible for transactions under the Securities Lending and Borrowing Scheme (SLBS) for the month of April 2026. This circular (Ref. No. 035/2026) is issued by the Department of Securities Lending & Borrowing Scheme and is addressed to all Participants and Custodians.

Key Points

  • The revised SLBS eligible securities list for April 2026 is provided in Annexure-I of this circular.
  • The circular references SEBI circular CIR/MRD/DP/18/2013 dated May 30, 2013 as the regulatory basis.
  • It also references NSE Clearing Ltd. consolidated Circular No. NCL/CMPT/67763 dated April 30, 2025.
  • The list contains a large universe of securities including equities, ETFs, and other instruments across diverse sectors.
  • The circular is signed by Anil Suvarna, Associate Vice President, NSE Clearing Limited.

Regulatory Changes

No new regulatory changes are introduced. This is a routine monthly revision to the list of approved securities under the existing SLBS framework established by SEBI circular CIR/MRD/DP/18/2013.

Compliance Requirements

  • All Participants and Custodians must refer to Annexure-I for the updated list of securities eligible for SLBS transactions in April 2026.
  • Transactions in SLBS must be restricted to securities on the approved list for the relevant month.
  • Participants should update their internal systems to reflect the revised eligible securities list before April 2026.

Important Dates

  • Circular Date: March 25, 2026
  • Effective Period: April 2026
  • Reference SEBI Circular: CIR/MRD/DP/18/2013 dated May 30, 2013
  • Reference NCL Circular: NCL/CMPT/67763 dated April 30, 2025

Impact Assessment

This is a standard monthly administrative update with medium operational impact. Participants and custodians engaged in securities lending and borrowing must update their eligible securities lists for April 2026. The list includes a broad range of large-cap and mid-cap equities as well as ETFs, covering major indices and sectors. No securities have been highlighted as newly added or removed in this circular — the full revised list is provided in Annexure-I. Contact: support@nsccl.co.in | Helpline: 18002660050 (IVR Option 2).

Impact Justification

Routine monthly update to the SLBS eligible securities list effective April 2026, relevant to participants and custodians engaged in securities lending and borrowing. Impacts a broad universe of stocks but is a standard periodic revision rather than a structural change.