Sebi proposes changes to block deal framework to enhance market transparency

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SEBI has proposed modifications to the block deal framework, setting the minimum order size at ₹25 crore. The regulator mandates that all block deal trades must result in delivery, prohibiting squaring off or reversals. Stock exchanges are required to disseminate key information about block deals, including scrip name, client details, quantity, and price, to the public after market hours.