NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

Ref. No.: NSCC/RMG/2006/0509                                                             November 20, 2006

Download No.: NSE/CMPT/8117

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for HINDZINC, BBL, NAUKRI, PARAL, AARVEEDEN, SHIVAMAUTO.

           

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.

HINDZINC

Hindustan Zinc Limited

I

7.50%

5%

2.

BBL

Bharat Bijlee Limited

II

25.98%

5%

3.

NAUKRI

Info Edge (India) Limited

II

25.98%

5%

4.

PARAL

Parekh Aluminex Limited

III

43.30%

5%

5.

AARVEEDEN

Aarvee Denims and Exports Limited

III

43.30%

5%

6.

SHIVAMAUTO

Shivam Autotech Limited

III

43.30%

5%

 

The above changes shall be effective for all positions in the rolling segment on and from November 21, 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

Senior Vice President