The Bombay Stock Exchange (BSE) on October 31, 2024, notified regarding the measures in respect of companies with high Promoter as well as non-promoter ‘Encumbrance’ as per Reg. 28(3) of SEBI (SAST) Regulation 2011.
The following has been stated namely: -
• The securities given in Annexure I, have satisfied the criteria for inclusion under the aforesaid Measure and shall attract a minimum 75 % margin in the Equity and Equity Derivatives segment w.e.f. November 05, 2024, on all open positions as on November 04, 2024, and new positions created from November 05, 2024.
• The Securities given in Annexure II, are eligible to move out from the said framework effective from November 01, 2024.
• A consolidated list of securities under the framework is given in Annexure III.
Detailed notification is attached below.
[Notification no. - 20241031-39]