From mint · Vaamanaa Sethi · · 1m
Sebi Gets 20k Comments on CAS Rules
SEBI receives 20,000 comments on closing auction session rules by deadline.
In brief
SEBI receives 20,000 comments on closing auction session rules by deadline. SEBI received 20,000 responses to its consultation paper on closing auction session rules, market timings, and derivative contracts settlement methods by October 3. Originally reported by mint.
SEBI Receives 20k Comments
SEBI received around 20,000 comments by 7 pm on October 3, the deadline for submitting feedback on its consultation paper.
Higher Than Previous Reports
The number is significantly higher than the over 3,500 comments previously reported in some media outlets.
CAS Framework Details
SEBI introduced the Closing Auction Session (CAS) framework for F&O stocks from August 3, 2026, and invited feedback on seven proposals.
SEBI Chairman Statement
SEBI Chairman Tuhin Kanta Pandey said, 'Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear.'
“Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear”
Next Steps for CAS
SEBI will review the comments and finalize the CAS framework for derivatives settlement methods by the deadline.
The bottom line
SEBI received 20,000 responses to its consultation paper on closing auction session rules, market timings, and derivative contracts settlement methods by October 3.
