NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

Ref. No.: NSCC/RMG/2006/0410                                                           August 25, 2006

Download No.: NSE/CMPT/7795    

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for TECHM

 

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 Tech Mahindra Limited (TECHM) shall 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 August 28, 2006                                                                                                                       

                                                                                                                                                  

In case of any clarifications, members are requested to contact Ms Pareezad / Mr. Arun / Mr. Aslam / Mr. Shailesh on telephone number 26598266.

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

R Sundararaman

Vice President