NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

 

Ref. No.: NSCC/RMG/2006/0547                                                                December 15, 2006

Download No.: NSE/CMPT/8226

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for NICCO & DAAWAT 

 

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.

NICCO

Nicco Corporation Limited

III

43.30%

5%

2.

DAAWAT

L. T. Overseas Limited

III

43.30%

5%

 

 

The above changes shall be effective for all positions in the rolling segment on and from December 18, 2006                                                                                                                 

                                                                                                                                                  

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

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

R Sundararaman

Senior Vice President