NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

 

Ref. No.: NSCCL/RMG/2008/0341                                                          August 18, 2008

Download No.: NSE/CMPT/11131

 

 

To

All Trading Members,

PCM and Custodians

           

Sub: Categorization and Margins applicable for ‘VINCARDS’.

           

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 Vintage Cards & Creations Limited (VINCARDS) 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 63.39 % & 5 % respectively.

 

The above circular shall be effective from August 19, 2008.                                                                                                                  

                                                                                                                                                  

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

 

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

Aparna Bhat

Manager