>   Position Limits
Position Limits
The transactions done in the SLB segment are subject to position limits as may be specified by SEBI, ICCL and/or BSE from time to time. ICCL monitors the position limits of the participants from time to time.
Violation of such limits shall attract action as specified by ICCL from time to time.

Market-wide Position Limits

The market- wide position limits in terms of the number of shares for the SLB transactions shall be 10% of the free-float capital of the company i.e. 10% of the number of shares held by non-promoters in the relevant security.

Participant-wise Position Limits

The participant-wise position limits for the SLB transactions in a security shall be lower of:
  • 10% of the market -wide position limits (in terms of number of shares)
    or
  • INR 50 crores in value.

Client-level Position Limits

The specific client-level position limits for a security shall not be more than 1% of the Market -wide position limits.

Position Limits for Institutional Investor

Position limits for the SLB transactions in a security shall be lower of:
  • 10% of the market-wide position limits (in terms of number of shares)
    or
  • INR 50 crores in value.
Position Limit communication to Market

ICCL computes and specifies the relevant Position Limits on the last trading day of every month which are applicable for the next month.