NSE · Surveillance · Medium
NSE updates high-encumbrance watchlist: 2 exit, 6 face 75% margin
Bedmutha Industries and RKEC Projects are removed from the surveillance framework. Six stocks remain subject to a minimum 75% margin from July 3, 2026.
What changed
- BEDMUTHA and RKEC removed from the encumbrance-based surveillance list effective July 1, 2026.
- Six securities remain: AQYLON, BLKASHYAP, ELPROINTL, JAYNECOIND, STEELXIND, THYROCARE, with a 75% margin from July 3, 2026.
The read
NSE's periodic review of its high-encumbrance surveillance framework yields no new additions this cycle. BEDMUTHA and RKEC exit, providing relief to traders in those counters. The six stocks left AQYLON, BLKASHYAP, ELPROINTL, JAYNECOIND, STEELXIND, and THYROCARE continue to attract a minimum 75% margin from July 3, 2026, a steep cost that curbs margin trading and liquidity. The unchanged list signals persistent encumbrance concerns at these firms. The measure, first imposed in 2022, remains a blunt tool for flagging promoter-level risk.
BEDMUTHARKEC75% margin
Primary source: official circular (PDF)