NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

Ref. No.: NSCC/RMG/2005/0482                                                                  June 4, 2005

Download No.: NSE/CMPT/6216

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for SSWL

 

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

 

The security Steel Strips Wheels Limited (SSWL) will be categorized under Group I for the purpose of VaR Margins. The VaR Margin & the Extreme Loss Margin rate applicable for the security shall be 7.5% & 5 % respectively.  

 

The above changes shall be effective for all positions in the rolling segment on and from June 6, 2005

                                                                                                                                                  

In case of any clarifications, members are requested to contact Mr. Rajesh B.L.V/ Mr. Arun Krishnamurthy on telephone number 26598266.

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

Farzana Khan

Manager