NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

Ref. No.: NSCC/RMG/2006/0555                                                    December 21, 2006

Download No.: NSE/CMPT/8260

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for JINDRILL & BANCOINDIA 

 

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.

JINDRILL

Jindal Drilling And Industries Limited

III

43.30%

5%

2.

BANCOINDIA

Banco Products (India) Limited

III

43.30%

5%

 

 

The above changes shall be effective for all positions in the rolling segment on and from December 22, 2006.                                                                                                                

                                                                                                                                                  

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

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

Loveena Khatwani

 

Manager