NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

 

Ref. No.: NSCCL/RMG/2007/0402                                                                   August 24, 2007

Download No.: NSE/CMPT/9380

 

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for ‘TAKE’.

           

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 security Take Solutions Limited (TAKE) shall be categorized under Group II for the purpose of VaR Margins. The VaR Margin & the Extreme Loss Margin rate applicable for the security shall be 30.24% & 5% respectively.

 

The above changes shall be effective for all positions in the rolling segment on and from August 27, 2007.                                                                                                                      

                                                                                                                                                  

In case of any clarifications, members are requested to contact Mr Nagesh Ghadge / Mr.Atique Khatri / Mr Abhishek Gupta on telephone number 26598266.

 

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

Huzefa Mahuvawala

Manager