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2 February 2026

SEBI Revises Block Deal Framework

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The Securities and Exchange Board of India (‘SEBI'), by way of a Circular dated October 8, 2025, has introduced the following key amendments to the block deal framework...
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The Securities and Exchange Board of India (‘SEBI'), by way of a Circular dated October 8, 2025, has introduced the following key amendments to the block deal framework:

  1. Price Range: The price range for placing block deal orders has been liberalised from +/- one per cent to +/- three per cent of the applicable reference price; and
  2. Minimum Order: The minimum block deal order size has been increased from INR 100 million (approx. USD 1.10 million) to INR 250 million (approx. USD 2.75 million).

The Circular came in effect from December 7, 2025.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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