The National Stock Exchange (NSE) on May 07, 2026, issued Corrigendum - Launch of Products under Electronic Gold Receipts (EGR) Segment.
The following has been stated:
• The revised circular supersedes the previous one and introduces eight EGR products linked to gold of 995 and 999 purity in denominations of 100 milligrams, 1 gram, 10 grams, and 100 grams. The products will trade from Monday to Friday between 9:00 AM and 11:30 PM/11:55 PM, depending on US daylight saving time. Settlement will take place on a T+1 basis with compulsory delivery in demat form.
• The Exchange has prescribed initial price bands of 10% of the previous closing price, relaxable in 5% increments during market trends, along with applicable VaR, ELM, MTM, and other margins.
• The products will follow LBMA Good Delivery Standards or other SEBI-approved quality standards, and the circular has come into effect immediately.
[Notification no. - NSE/EGR/74112]
