NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

 

Ref. No.: NSCCL/RMG/2008/0307                                                             July 18, 2008

Download No.: NSE/CMPT/11008

 

 

To

All Trading Members,

PCM and Custodians

           

Sub: Categorization and Margins applicable for ‘VINYLINDIA’.

           

This is with reference to our circular no. NSCC/CM/C&S/337 dated May 09, 2005 (Download Ref No. NSE/CMPT/6122), regarding Cash Market - Risk Management Framework

 

The security Vinyl Chemicals (India) Limited (VINYLINDIA) shall be categorized under Group III for the purpose of VaR Margins. The VaR Margin & the Extreme Loss Margin rate applicable for the security shall be 78.38 % & 5 % respectively.

 

The above circular shall be effective from July 21, 2008                                                                                                            

 In case of any clarifications, members are requested to contact Mr. Abhijeet Sontakke /Mr.Nagesh Ghadge /Ms. Sayali Gokhale/ Mr. Bhuvnesh Sharma on telephone number 26598266.

 

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

Huzefa Mahuvawala

Manager