ICCL Announces SLBS Limits For May 2025, MWPL Details Shared In Annexure

Mumbai: The Indian Clearing Corporation Ltd. (ICCL), a recognized intermediary under the Securities Lending Scheme, 1997, has released the stock-wise Market Wide Position Limits (MWPL) and position limits applicable under the Securities Lending and Borrowing Scheme (SLBS) for the month of May 2025. This follows the framework established by SEBI Circular No. MRD/DoP/SE/Dep/Cir-14/2007 dated December 20, 2007, and subsequent ICCL notifications.

As per the circular, the MWPL and position limits for Clearing Members (CM), Institutional Investors, and Clients are specifically detailed in Annexure I (attached as Annexure1.xls). These limits govern the permissible exposure of market participants in the SLBS segment for the relevant month and are crucial for maintaining regulatory compliance and market stability.

The purpose of defining MWPL is to ensure transparency and uniformity in securities lending operations while maintaining systemic checks on overleveraging. ICCL, being the central counterparty, plays a pivotal role in monitoring and enforcing these limits.