The Bombay Stock Exchange (BSE) on October 12, 2023, issued a notification regarding the Trading supported by Blocked Amount in Secondary Market – UPI Mechanism – SOP.
The following has been stated: -
•On June 23, 2023, SEBI issued a circular on “Trading Supported by Blocked Amount in Secondary Market” (Circular reference no. SEBI/HO/MRD/MRD-PoD-2/P/CIR/2023/99).
•From the implementation perspective of the circular, all MIIs have deliberated on standard operating procedures to be followed, and the same is attached herewith as Annexure A.
•Members are requested to take note of the contents of the Circular & SOP; and comply with the same.
•For and on behalf of the Indian Clearing Corporation Limited.
The detailed notification is given in the document attached below.
[Notice No. 20231012-57]
