Laws and sections by number or title, due dates, pages, and updates.
BSE updates the list of securities subject to the encumbrance framework under SEBI (SAST) Regulation 2011. Securities in Annexure I now attract a minimum 75 percent margin in the Equity and Equity Derivatives segments. This requirement applies to all open positions as of August 13, 2026, and all new positions created from August 14, 2026. Securities listed in Annexure II exit the framework effective August 12, 2026. This measure operates alongside other existing exchange surveillance measures and remains subject to periodic review. The inclusion of a security in this framework does not constitute an adverse action against the company.
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| Notice No. | 20260811-42 |
| Notice Date | 11 Aug 2026 |
| Category | Trading |
| Segment | Equity |
| Department | DOSS |
| Subject | Measure in respect of companies with high Promoter as well as non-Promoter ‘Encumbrance’ as per Reg. 28(3) of SEBI (SAST) Regulation 2011 |
| Attachments | Annexure_Encumbrance |
[Image omitted. See the official document.]
This is in continuation to Exchange notice no. 20220131-43 dated January 31, 2022, on the captioned subject.
Trading Members are hereby requested to take note of the following:
Market participants may note that this measure shall be in conjunction with all other prevailing measures being imposed by the Exchanges from time to time and shall be subjected to a periodic review.
Further, it may also be noted that the shortlisting of securities under this measure should not be construed as an adverse action against the concerned company/entity.
In case of any clarifications, members may write to us at bse.surv@bseindia.com.
For & On behalf of BSE Ltd.
Sanjay Jain Deputy Vice President Surveillance
Arpita Joshi Manager Surveillance
