The National Stock Exchange of India Limited (NSE), on May 07, 2026, issued FAQs clarifying the framework relating to securities admitted under the “Permitted to Trade” (PTT) category on the NSE Mainboard segment. The clarification has been issued pursuant to earlier circulars on admission of securities under the PTT mechanism.
Under the PTT framework, securities of a company can be traded on NSE without being formally listed on the Exchange. Companies admitted under PTT continue to remain listed only on their primary stock exchange, and no separate listing agreement, additional disclosures, or listing fees are required with NSE. Existing compliance and corporate governance obligations continue to be governed by the primary exchange.
NSE further clarified that trading in PTT securities will remain subject to surveillance and regulatory monitoring measures applicable to listed securities. Companies may subsequently seek full listing on NSE subject to eligibility conditions, while NSE retains the authority to suspend or prohibit dealings in such securities in accordance with its bye-laws and regulations.
[Circular Ref. No. 0743/2026]
