The India International Depository IFSC Limited (IIDI) on November 06, 2026, issued a circular regarding clarification on the weight criteria for creation of Bullion Depository Receipts (BDRs) for Silver Bar (30 Kgs).
The following has been stated: -
•The India International Bullion Exchange IFSC Limited (IIBX) has clarified the permissible weight range for Silver Bars (30 Kgs) for the creation of Bullion Depository Receipts (BDRs).
•The eligible weight range shall be 27.9932 Kgs to 32.6587 Kgs, corresponding to 900 to 1,050 troy ounces, respectively, as per the contract specifications.
•The weight of silver bars must be recorded up to four decimal places.
•Silver bars weighing outside the prescribed range shall not be eligible for the creation of BDRs.
[Circular No.: IIDI IFSC/Bullion/2026-27/042]
