Description

NSE Clearing Limited announces that Cigniti Technologies Limited (CIGNITITEC) will be excluded from the Securities Lending & Borrowing (SLB) segment effective May 15, 2026, following suspension of trading in its equity shares.

Summary

NSE Clearing Limited has issued a circular notifying all participants and custodians that Cigniti Technologies Limited (ticker: CIGNITITEC) will be excluded from transactions in the Securities Lending & Borrowing (SLB) segment with effect from May 15, 2026. This action follows the suspension of trading in the equity shares of Cigniti Technologies Limited as referenced in NSE circular NSE/CML/74196 dated May 13, 2026.

Key Points

  • Cigniti Technologies Limited (CIGNITITEC) will no longer be available for SLB segment transactions from May 15, 2026.
  • The exclusion is a direct consequence of the suspension of trading in CIGNITITEC equity shares (per NSE/CML/74196, May 13, 2026).
  • The circular is addressed to all Participants and Custodians in the SLB segment.
  • Issued by NSE Clearing Limited under the Securities Lending & Borrowing Scheme department.

Regulatory Changes

CIGNITITEC is being removed from the list of eligible securities for the SLB segment. This is consistent with NSE Clearing’s standard practice of excluding securities whose trading has been suspended from SLB eligibility.

Compliance Requirements

  • All SLB participants and custodians must ensure that no new SLB transactions are initiated for CIGNITITEC on or after May 15, 2026.
  • Participants should review and manage any existing open SLB positions in CIGNITITEC in accordance with applicable regulations prior to the exclusion date.

Important Dates

  • May 13, 2026: Trading suspension in CIGNITITEC equity shares announced (NSE/CML/74196).
  • May 14, 2026: This circular issued (Download Ref No: NCL/CMPT/74207, Circular Ref. No: 051/2026).
  • May 15, 2026: CIGNITITEC excluded from SLB segment transactions (effective date).

Impact Assessment

The exclusion of CIGNITITEC from the SLB segment limits the ability of participants to lend or borrow this security. Investors or participants with open SLB positions in CIGNITITEC will need to settle or close them. The impact is limited to SLB market participants dealing specifically in Cigniti Technologies Limited shares and is a routine operational consequence of the broader trading suspension.

Impact Justification

Affects participants in the SLB segment for a specific security; follows a trading suspension and limits transaction availability for CIGNITITEC from May 15, 2026.