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Informist, Friday, Aug. 22, 2025

 

--SEBI issues consultation paper on review of block deal framework

--SEBI mulls changing minimum order size in block deal window to INR 250 mln

--SEBI mulls price bands for F&O, non-F&O stocks for block deals

 

NEW DELHI – The Securities and Exchange Board of India Friday issued a consultation paper on review of block deal framework for stock exchanges. The market regulator has proposed raising the minimum order size for execution of trades in the block deal windows to INR 250 million from INR 100 million.

 

SEBI has also proposed orders placed in the block deal windows to be within the price range of (-)1% to 1% of applicable reference price for stocks on which futures and options contracts are available. For other stocks, SEBI has proposed the price range to be between (-)3% and 3% of the applicable reference price. Currently, orders in all stocks attract a price range of (-)1% to 1% of applicable reference price.

 

SEBI has not proposed any change to the two block deal windows. The morning block deal window operates from 0845 IST to 0900 IST with the reference price for execution of block deals being the previous day's closing price of a stock. The afternoon block deal window is open from 1405 IST to 1420 IST with the reference price for execution of block deals being the same day's volume weighted average market price of trades between 1330 IST and 1400 IST. The market regulator has invited comments on the consultation paper from market participants and the public by Sept. 15.  End

 

Reported by Rajesh Gajra

Edited by Ashish Shirke

 

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