NATIONAL SECURITIES CLEARING CORPORATION LIMITED

 

CAPITAL MARKET SEGMENT

                                                                                                         

 

Ref. No.: NSCCL/RMG/2007/0579                                                               November 20, 2007

Download No.: NSE/CMPT/9789

 

 

To

All Trading Members,

PCM and Custodians

           

Sub: Categorization and Margins applicable for ‘RELIGARE’.

           

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 Religare Enterprises Limited (RELIGARE) 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 30.66% & 5% respectively.

 

The above changes shall be effective for all positions in the rolling segment on and from November 21, 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