NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

 

Ref. No.: NSCCL/RMG/2007/0449                                                               September 21, 2007

Download No.: NSE/CMPT/9514

 

 

To

All Trading Members,

PCM and Custodians

 

Sub: Categorization and Margins applicable for ‘GMRINDS’ &‘ECEIND’.

           

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.

GMRINDS

GMR Industries Limited

II

25.98%

5.00%

2.

ECEIND

ECE Industries Limited

III

43.30%

5.00%

 

The above changes shall be effective for all positions in the rolling segment on and from September 24, 2007.                                                                                                                

                                                                                                                                                  

In case of any clarifications, members are requested to contact Mr.Sachin Pundle / Mr.Atique Khatri / Ms Sayali Gokhale on telephone number 26598266.

 

 

Yours faithfully,

For National Securities Clearing Corporation Limited

 

 

 

Huzefa Mahuvawala

Manager