The Bombay Stock Exchange (BSE) on September 04, 2026, issued a notification regarding the Close-Out Procedure for Shortages in Overnight ETFs and Liquid ETFs.
The following has been stated: -
•With effect from September 07, 2026, shortages in Overnight ETFs and Liquid ETFs that cannot be procured through auction, where the auction seller fails to deliver, or where auction payout cannot be completed before the Record/Book Closure Date, shall be compulsorily closed out.
•The close-out price shall be the higher of the highest price across recognised stock exchanges from the original trade date up to the auction day or 5% above the auction-day settlement price.
[Notification No.: 20260904-26]
