NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

Ref. No.: NSCC/RMG/2006/0425                                                             September 08, 2006

Download No.: NSE/CMPT/7846

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for GRINDWELL & VALECHAENG

 

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 categorization and margins applicable for the following securities shall be as under:

 

S. No.

Symbol

Security Name

Group

VaR Margin

Extreme Loss Margin

1.

GRINDWELL

Grindwell Norton Limited

II

25.98%

5%

2.

VALECHAENG

Valecha Engineering Limited

III

43.30%

5%

 

The above changes shall be effective for all positions in the rolling segment on and from September 11, 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