NSE · Surveillance · Medium

NSE adds SHAREINDIA to high-encumbrance watchlist, mandates 75% margin from July 14

Share India Securities is the sole new entrant to NSE's surveillance framework for companies with high promoter and non-promoter share encumbrance, requiring a 75% margin on all open and new positions.

08 Jul 2026 Effective July 14, 2026 Affects: Share India Securities (SHAREINDIA) holders and traders; clearing members handling the stock.

What changed

SHAREINDIA added to the encumbrance surveillance list under Regulation 28(3) of SAST.
A minimum 75% margin applies on open positions as of July 13 and new positions from July 14, 2026.
No securities were removed from the framework this cycle; total count stands at seven.

The read

NSE's periodic encumbrance watchlist just got one addition: Share India Securities. The trigger is high promoter and non-promoter share pledges under SAST Regulation 28(3). The bite: a minimum 75% margin on all positions from July 14, heavily curbing speculative and leveraged exposure. No stocks were taken off the list this round. The measure is a risk flag, not a verdict on the company, but for investors, the elevated margin cost is the real signal.

Share India Securities75% marginJuly 14, 2026

Primary source: official circular (PDF)