MASTER CIRCULAR FOR COMMODITY DERIVATIVES SEGMENT — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

MASTER CIRCULAR FOR COMMODITY DERIVATIVES SEGMENT SEBI/HO/MRD/MRD -PoD -1/P/CIR/2023/136 August 04,2023 The Managing Directors/Chief Executive Officers All Stock Exchanges and Clearing Corporations with Commodity Derivatives Segment Dear Sir / Madam, Sub: Master Circular for Commodity Derivatives Segment In order to ensure availability of comprehensive information mentioned in various circulars pertaining to commodity derivatives market or segment at one place, the Securities and Exchange Board of India ("SEBI") has been issuing Master Circulars . This Master Circular has covered various circulars issued till March 31, 2023. The references in this circular to the Statutes/Regulations which now stand repealed have been suitably updated . The terms " National Commodity Derivatives Exchanges" or "Regional Commodity Derivatives Exchanges" or "Commodity Derivatives Exchanges" may be read as stock exchanges and stock exchange(s) shall mean recognized stock exchange(s) having commodity derivatives segment. This Master Circular shall come into force from the date of its issuance. The Circulars mentioned in Annexure – ZG of this Master Circular shall stand rescinded with the issuance of this Master Circular, including Master Circular SEBI/HO/CDMRD/DMP/P/CIR/2022/64 dated May 17, 2022. With respect to the directions or other guidance issued by SEBI, as specifically applicable to National Commodity Derivative Exchanges, the same shall continue to remain in force in addition to the provisions of any other law for the time being in force. Notwithstanding such rescission, 4.1.anything done or any action taken or purported to have been done or taken under the rescinded circulars, including registrations or approvals granted fees collected, registration suspended or cancelled, any insp