Derivative designation: contracts granting rights to buy or sell future goods now treated as derivatives under securities law.
The notification declares that contracts granting a right to buy or sell, or a right to both buy and sell in the future in respect of notified underlying goods, are to be treated as derivatives under the Securities Contracts (Regulation) Act, 1956, invoking the Act's definition-making power and bringing such contracts within the regulatory framework applicable to derivative instruments.

Goods notified under securities contracts regulation: specified commodity categories listed for recognition under SCRA, superseding prior notification.
The Central Government, exercising powers under the Securities Contracts (Regulation) Act and in consultation with the market regulator, notifies a Schedule of specified goods to be treated for the purposes of the Act, and supersedes the earlier 2016 notification except as to prior actions; the Schedule lists categories including agricultural commodities, oilseeds and oils, spices, metals and precious metals, energy products, forestry and fibre products, chemicals, construction materials, plantation crops, dairy and poultry products, dry fruits, services and other goods.

Selection Committee requirements updated: Search-cum-Selection Committee for Executive Director recruitment and Board approval before offers.
Amendments require the Competent authority to constitute selection committees with internal members and external experts for recruitment and promotion, mandate a Search-cum-Selection Committee for Executive Director appointments on deputation or contract, and require Board approval of Executive Director appointments before any offer is issued; the Schedule updates committee nomenclature and specifies committee composition, and deputation terms must be finalized with the lending organization.

Renewal of recognition permits clearing and settlement of repo and reverse repo transactions under regulatory compliance conditions.
Renewal of recognition is granted to AMC Repo Clearing Limited for a one-year term, subject to compliance with prescribed rules and regulatory specifications. The recognition is limited to clearing and settling repo and reverse repo transactions in debt securities dealt with or traded on a recognized stock exchange.

Dematerialisation requirement for AIF investments with strengthened custodian appointment and associate independence conditions.
AIFs must hold investments in dematerialised form subject to Board-specified conditions, except for instruments ineligible for dematerialisation, assets of liquidation schemes not available dematerialised, and other Board-specified exceptions. Sponsors or Managers must appoint a Board-registered Custodian for safekeeping, with Category III custodians required to hold securities and goods from physical settlement of commodity derivatives; custodians must report and disclose investment information as specified by the Board. An associate Custodian may act only where independence conditions and a prescribed net worth threshold for the Sponsor or Manager are satisfied, and an independent undertaking is executed.