Mumbai, Sept. 10 -- The Securities and Exchange Board of India (SEBI) has revised the framework governing client-level position limits and penalties for violations in the commodity derivatives segment. The changes are aimed at facilitating ease of doing business.

In a circular dated 9 September 2026, SEBI said the existing position limits were introduced in 2017 and were aligned with market conditions prevailing at that time. The regulator said it had received representations from stakeholders seeking a review of position limits applicable to agricultural commodity derivatives as well as a cap on penalties for position limit violations.

The changes were made based on stakeholder representations, recommendations of the Working Group on t...