NATIONAL
SECURITIES CLEARING CORPORATION LIMITED
CAPITAL MARKET SEGMENT
Ref. No.: NSCCL/RMG/2007/0405 August 27, 2007
Download No.: NSE/CMPT/9394
To
All Trading Members,
PCM
and Custodians
Sub: Categorization and Margins applicable
for ‘ISMTLTD’, ‘KPRMILL’ & ‘LANCOIN’
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:
|
Sr. No. |
Symbol
|
Security Name |
VaR Group
|
VaR Margin |
Extreme Loss Margin |
|
1. |
ISMTLTD |
ISMT Limited |
II |
31.18% |
5% |
|
2. |
KPRMILL |
K.P.R. Mill
Limited |
II |
31.18% |
5% |
|
3. |
LANCOIN |
Lanco Industries Limited |
III |
51.96% |
5% |
The
above changes shall be effective for all positions in the rolling segment on
and from August 28, 2007.
In case of any clarifications, members are requested to
contact Mr.Sachin Pundle / Mr Nagesh Ghadge / Mr.Atique Khatri on telephone
number 26598266.
Yours faithfully,
For National Securities
Clearing Corporation Limited
Huzefa Mahuvawala
Manager