19 Feb 2026, 09:10 AM

Additional exposure margin on securities under MWPL

Starting February 25, 2026, an additional exposure margin of 15% in the equity derivatives segment will be levied on F&O contracts of securities where the top 10 clients together account for more than 20% of the Market-Wide Position Limit (MWPL).

For securities where an additional surveillance margin is already applicable, the higher of the additional exposure margin or the additional surveillance margin will be levied.

This framework will apply immediately after the expiry of February 2026 derivative contracts. The list of securities is as follows: 

Sr. No. Symbol Security Name
1 ABCAPITAL Aditya Birla Capital Limited
2 AUROPHARMA Aurobindo Pharma Limited
3 BANDHANBNK Bandhan Bank Limited
4 CONCOR Container Corporation of India Limited
5 CROMPTON Crompton Greaves Consumer Electricals Limited
6 GLENMARK Glenmark Pharmaceuticals Limited 
7 IDEA Vodafone Idea Limited 
8 JSWENERGY JSW Energy Limited
9 LICHSGFIN LIC Housing Finance Limited
10 NBCC NBCC (India) Limited
11 NMDC NMDC Limited
12 PATANJALI Patanjali Foods Limited
13 RBLBANK RBL Bank Limited
14 SAIL Steel Authority of India Limited
15 SAMMAANCAP Sammaan Capital Limited
16 DLF DLF Limited
17 MANAPPURAM Manappuram Finance Limited
18 INDUSTOWER Indus Towers Limited

You can check the NSE circular here.