NATIONAL SECURITIES CLEARING CORPORATION LIMITED

FUTURES & OPTIONS SEGMENT

Circular No: NSCC/F&O/C&S/891 October 03, 2008

Download No: NSE/CMPT/11418

Sub: Revised MWPL, TM, FII & MF Limits for GAIL

In pursuance to circular no. NSE/F&O/095/2008 dated September 11, 2008 and in partial modification of circular no. NSCC/F&O/C&S/887 dated September 30, 2008, members are informed that for futures and options contracts on Gail (India) Limited, market wide position limit, trading member wise position limits, FII and mutual fund position limits shall be modified as under. This circular shall be effective from trade date October 06, 2008.

Symbol	EXISTING			REVISED
	MWPL	Overall Stock Limit-TM/FII/MF	Stock Futures Limit - TM/FII/MF	MWPL	Overall Stock Limit-TM/FII/MF	Stock Futures Limit – TM/FII/MF
GAIL	66791644	7341750	3670500	100187466	11012625	5505750

Members are advised to take note of the above.

For any further clarifications members may contact the following officials of the Clearing Corporation:

Mr. Aslam Shaikh & Mr. Atique Khatri

Phone Nos. 26598214 / 26598264

Fax: 26598242

For National Securities Clearing Corporation Ltd.

Aparna Bhat

Manager