NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

Ref. No.: NSCC/RMG/2006/0573                                                             December 29, 2006

Download No.: NSE/CMPT/8308

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for PRAENG and KESARENT.

           

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.

PRAENG

Prajay Engineers Syndicate Limited

II

25.98%

5%

2.

KESARENT

Kesar Enterprises Limited

III

43.30%

5%

 

The above changes shall be effective for all positions in the rolling segment on and from January 02, 2007.                                                                                                                     

                                                                                                                                                  

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

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

R Sundararaman

Senior Vice President