SEBI Block Deal Reform: ₹25 Crore Minimum Order Proposed
Why in the news
SEBI proposed block deal changes to curb manipulation.
Key facts
- A block deal is a large single-share trade between two parties in a set window.
- Same-day disclosure of scrip, client, quantity and price.
| Item | Existing | Proposal |
|---|---|---|
| Minimum order | ₹10 crore | ₹25 crore |
| Band, non-F&O stocks | Narrower | 3% of previous close |
| Band, F&O stocks | 1% | 1% continues |
Exam angle
- Numbers: ₹25 crore, 3% and 1% bands.
- Aims: transparency, integrity, price discovery.