Cautionary Messages on Trading Terminal for International ETFs · 806/2026
NSE circular 806/2026 · 16 Oct 2026
Official title
Cautionary Messages on Trading Terminal - ETF Update
Official record
Open source pageSummary
Check the official recordWhat changed
The National Stock Exchange introduces a mandatory cautionary pop-up alert for International Exchange Traded Funds to warn investors about potential price variances from the Net Asset Value. Trading members must update their non-NEAT trading front-end systems to display this alert for securities identified in the REG1_INDDDMMYY.csv file. The system must require the user to select Yes or No to continue with the order. Trading members must maintain a log of these displays and user selections for review by their Board and system auditors. This functionality is mandatory for all trading members with retail clients and must be implemented by November 16, 2026.
What you must do
- Develop a pop-up alert functionality on non-NEAT front-end systems for securities identified in the REG1_INDDDMMYY.csv file.
- Maintain a log of all displayed alerts and user selections per scrip.
Document text
New File Structure - Updated
| File Name | REG1_INDDDMMYY.csv |
|---|---|
| File Type | Comma Separated |
| Path | https://www.nseindia.com/all-reports |
| Sr. No. | Field | Data Type | Description |
|---|---|---|---|
| 1 | ScripCode | Integer | NA |
| 2 | Symbol | Char[11] | Symbol of security. Unique identifier. |
| Mandatory field. | |||
| 3 | NSE Exclusive | Char(1) | Y – NSE Exclusive |
| N – NSE Non-exclusive | |||
| Mandatory field. | |||
| 4 | Status | Char(1) | The trading status of the security |
| Possible Values | |||
| Active – A | |||
| Suspend – S | |||
| Inactive – I | |||
| Mandatory field. | |||
| 5 | Series | Char(2) | This is Scrip Series of the security. E.g. EQ, BE, BZ, SM, ST, etc. |
| 6 | GSM | Char(3) | Stage: |
| 100- Not Applicable in case of normal scrip | |||
| In case if the scrip is GSM identified then | |||
| 0- Scrips in GSM | |||
| 1- Stage 1 GSM scrip | |||
| 2- Stage 2 GSM scrip | |||
| 3- Stage 3 GSM scrip | |||
| 4- Stage 4 GSM scrip | |||
| 6- Stage 6 GSM scrip | |||
| 7 | Long_Term_Additional_Surveillance_Measure (Long Term ASM) | Char(3) | Stage: |
| 100 – Not under Long Term ASM scrip | |||
| 1 – Stage 1 Long Term ASM scrip | |||
| 2 – Stage 2 Long Term ASM scrip | |||
| 3 – Stage 3 Long Term ASM scrip | |||
| 4 – Stage 4 Long Term ASM scrip | |||
| 8 | Unsolicited_SMS | Char(3) | Stage: |
| 1 – under SMS – stock under ‘Current Watchlist’ | |||
| 0 – under SMS – stock under ‘For Information’ List | |||
| 100 – Not under SMS | |||
| 9 | Insolvency_Resolution_Process(IRP) | Char(3) | Stage: |
| 100 – Not under IRP | |||
| 0 – Identified as ‘Receipt of Corporate Announcement / Disclosure from the Company’ | |||
| 1 – IBC stage I | |||
| 2 – IBC Stage II | |||
| 10 | Short_Term_Additional_Surveillance_Measure (Short Term ASM) | Char(3) | Stage: |
| 100 – Not under Short Term ASM scrip | |||
| 1 – Stage 1 Short Term ASM scrip | |||
| 2 – Stage 2 Short Term ASM scrip | |||
| 11 | Default | Char(3) | Value: |
| 100 – Not under disclosure of Default. | |||
| 0 – Identified under disclosure of Default. | |||
| 1 – Identified under Additional Surveillance Measure for disclosure of Default. | |||
| 12 | ICA | Char(3) | Stage: |
| 100 – Not under ICA | |||
| 0 – Identified under ICA | |||
| 1 – Identified under Surveillance Measure for ICA | |||
| 13 | Filler4 | ||
| 14 | Filler5 | ||
| 15 | Pledge | Char(3) | Stage: |
| 100 – Not under Surveillance measure in respect of companies with high promoter pledge. | |||
| 1 – Identified under Surveillance measure in respect of companies with high promoter pledge. | |||
| 16 | Add-on_PB | Char(3) | Value: |
| 100 – Not under Add-on Price Band | |||
| 1 – Identified under Add-on Price Band | |||
| 17 | Total Pledge | Char(3) | Stage: |
| 100 – No action required | |||
| 1 – Identified under Regulatory measure on companies as per pledge holding of both promoter as well as non-promoter. | |||
| 18 | Social Media Platforms | Char(3) | Stage: |
| 100 – Not Under Social Media Platforms | |||
| 2 – Under Social Media Platforms – stocks under ‘Surveillance Measure list’ | |||
| 19 | ESM | Char(3) | Stage: |
| 100 - Not Applicable in case of normal scrip | |||
| In case if the scrip is ESM identified then | |||
| 1 – Stage I ESM Scrip | |||
| 2 – Stage II ESM Scrip | |||
| 20 | Loss making | Char(3) | The company has been loss making for at least the last 8 quarters for main board and last 2 years for SME companies on consolidated basis. |
Where only standalone results are applicable to the company, the same will be considered instead of consolidated basis. Value: 100 – Not under this category 0 – Under this category | | 21 | The Overall encumbered share in the scrip is more than 50 Percent. | Char(3) | Encumbrance of Promoters/ promoter group shareholding of at least 50% of the total capital Value: 100 – Not under this category 0 – Under this category | | 22 | Under BZ/SZ Group | Char(3) | The company is in BZ/SZ series due to non-compliance with SEBI SOP Circular. Value: 100 – Not under this category 0 – Under this category | | 23 | Company has failed to pay Annual listing fee | Char(3) | The company has failed to pay Annual listing fee. Value: 100 – Not under this category 0 – Under this category | | 24 | Cautionary Alert Message for International ETF | Char(3) | International ETFs may trade away from their NAV: 100 – Not under this category 1 – Under this category | | 25 | Derivative contracts in the scrip to be moved out of F and O | Char(3) | The security is scheduled to move out of derivatives. No fresh far month contracts shall be issued. Value: 100 – Not under this category 0 – Under this category | | 26 | Scrip PE is greater than 50 (4 trailing quarters) | Char(3) | The scrip PE is greater than 50 for previous 4 trailing quarters. Value: 100 – Not under this category 0 – Under this category | | 27 | EPS in the scrip is zero (4 trailing quarters) – This includes companies with negative aggregated EPS. | Char(3) | EPS based on previous 4 trailing quarters in the scrip is zero. Value: 100 – Not under this category 0 – Under this category | | 28 | Less than 100 unique PAN traded in previous 30 days | Char(3) | Average daily number of unique Clients/PAN traded in the scrip in previous 30 days is less than 100. Value: 100 – Not under this category 0 – Under this category | | 29 | Mandatory Market making period in SME scrip is over | Char(3) | Mandatory Market making period in this scrip is over, exit may be difficult. Value: 100 – Not under this category 0 – Under this category | | 30 | SME scrip is not regularly traded | Char(3) | The scrip is not regularly traded, and exit may be difficult. Value: 100 – Not under this category 0 – Under this category | | 31 | Close to Close price movement greater than 25perc* in previous 5 trading days.
Please note para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. “Not under this category” means this criteria is not within Top three criteria as defined in para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. | Char(3) | Close to Close price movement was greater than 25% in previous 5 trading days Value: 100 – Not under this category 0 – Under this category | | 32 | Close to Close price movement greater than 40perc* in previous 15 trading days.
Please note para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. “Not under this category” means this criteria is not within Top three criteria as defined in para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. | Char(3) | Close to Close price movement was greater than 40% in previous 15 trading days Value: 100 – Not under this category 0 – Under this category | | 33 | Close to Close price movement greater than 100perc* in previous 60 trading Days.
Please note para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. “Not under this category” means this criteria is not within Top three criteria as defined in para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. | Char(3) | Close to Close price movement was greater than 100% in previous 60 trading Days Value: 100 – Not under this category 0 – Under this category | | 34 | Close to Close price movement greater than 25perc* in previous 15 Days.
Please note para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. “Not under this category” means this criteria is not within Top three criteria as defined in para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. | Char(3) | Close to Close price movement was greater than 25% in previous 15 Days Value: 100 – Not under this category 0 – Under this category | | 35 | Close to Close price movement greater than 50perc* in previous 1 month.
Please note para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. “Not under this category” means this criteria is not within Top three criteria as defined in para 4.5 of circular NSE/SURV/64402 dated October 04, 2024. | Char(3) | Close to Close price movement was greater than 50% in previous 1 month Value: 100 – Not under this category 0 – Under this category | | 36 | Close to Close price movement greater than 90perc* in previous 3 months.
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 16 Oct 2026
- Document number
- 806/2026
- Issuing division
- Surveillance
- Coverage area
- securities