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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

NSE - Reiteration of SEBI Circular on Review of Block Deal Framework

08-Oct-2025 | NCL/CMPT/70713

NSE has reiterated the SEBI circular regarding the review of the Block Deal Framework, which will be effective from 07th December 2025.

This circular has been issued with reference to the SEBI Master Circular on 'Stock Exchanges and Clearing Corporations', which outlines the provisions related to the Block Deal Framework.

By virtue of this circular, SEBI has made the following modifications:
1. Revised Price Range: Orders can now be placed within a ?3% price range of the applicable reference price in the respective windows, compared to the earlier limit of ?1%, subject to surveillance measures and applicable price bands.

2. Increased Minimum Order Size: The minimum order size for executing trades in block deal windows has been increased from Rs. 10 crores to Rs. 25 crores.

3. Dissemination of Information: The stock exchanges shall disseminate the information on block deals, such as the name of the scrip, name of the client, quantity of shares bought/sold, traded price, etc., to the general public on the same day, after the market hours.

Furthermore, it has been clarified that the provisions of this circular will also be applicable to the block deal window under the optional T+0 settlement cycle.

Kindly refer to the attached document for more information.

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