SEBI's new framework is to enhance transparency and market integrity. (Image: Mohammed Uzair/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Securities and Exchange Board of India on Wednesday revised the block deal framework. The regulator has set Rs 25 crore as the minimum order size for block deal trades, this is higher than the Rs 10 crore limit earlier.

The new framework will have tighter norms on trade execution, disclosure as well as settlement. This is to enhance transparency and market integrity. The revised norms will come into effect 60 days from the issuance of the circular.

The market watchdog, in its circular, said that every trade has to be executed in the block deal window and must result in compulsory delivery and cannot be squared off o

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