Pre- Trade Risk Control- Limit Price Protection in Equity Derivatives Segment – Update

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NOTICE Notice No. 20260629-43 Notice Date 29 Jun 2026 Category Trading Segment Derivatives Department Trading Operations Subject Pre- Trade Risk Control- Limit Price Protection in Equity Derivatives Segment – Update Attachments No Attachment In partial modification to Exchange Notice no. 20240628-46 dated June 28, 2024, trading members are requested to note the Price Reasonability Check (“PRC”) for Single Stock Derivatives will cease to operate from July 6, 2026 and Limit Price Protection (“LPP”) mechanism would be applicable for Single Stock Derivatives. LPP range shall be as follows - Instrument Type % on Ref. Price (LPP%) Subject to minimum absolute value (₹) Stock Options 40.00% ₹ 20 Stock Futures 3.00% ₹ 1.50 In view of the proposed migration from PRC to LPP and the requirement to conduct a mock trading session, the LPP mechanism for Single Stock Derivatives shall be implemented with effect from trade date July 6, 2026, following the mock trading session scheduled on July 4, 2026. Further, attention of the market participants is drawn to various circulars and advisories issued by the Exchange from time to time regarding Pre trade risk controls. Participants have been advised to exercise due care and diligence while placing orders. All market participants are required to take note of the above and ensure compliance. For & on Behalf of BSE Limited Kaushal Mehta Soumil Shah Vice President - Trading Operations Deputy Vice President - Surveillance