Measures for Companies with High Promoter and Non-Promoter Encumbrance
BSE notice 20260713-29 · 13 Jul 2026
Official title
Measure in respect of companies with high Promoter as well as non- Promoter ‘Encumbrance’ as per Reg. 28(3) of SEBI (SAST) Regulation 2011.
Official record
Open source pageSummary
Check the official recordWhat changed
BSE updates the list of securities subject to the framework for high promoter and non-promoter encumbrance under SEBI (SAST) Regulation 2011. Securities in Annexure I attract a minimum 75 percent margin in the Equity and Equity Derivatives segments. This margin requirement applies to all open positions as of July 15, 2026, and all new positions created from July 16, 2026. Securities in Annexure II exit the framework effective July 14, 2026. This measure operates alongside other existing exchange measures and remains subject to periodic review. The inclusion of a security in this framework does not represent an adverse action against the company.
What you must do
- Apply a minimum 75 percent margin on securities listed in Annexure I for Equity and Equity Derivatives segments.
Key dates
- Effective date for removal of securities in Annexure II
- 14 Jul 2026
Document text
NOTICE
| Notice No. | 20260713-29 |
| Notice Date | 13 Jul 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 |
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:
- The securities given in Annexure I, have satisfied the criteria for inclusion under the aforesaid Measure and shall attract minimum 75 % margin in Equity and Equity Derivatives segment w.e.f. July 16, 2026, on all open positions as on July 15, 2026, and new positions created from July 16, 2026.
- The Securities given in Annexure II, are eligible to move out from the said framework effective from July 14, 2026.
- A consolidated list of securities under the framework is given in Annexure III.
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
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 13 Jul 2026
- Document number
- 20260713-29
- Issuing division
- Surveillance
- Effective date
- 16 Jul 2026
- Coverage area
- securities