SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, B Wing, First Floor,
224, Nariman Point, Mumbai 400 021
April 4, 2001
The President/Executive Director/Managing Director Of all the Stock Exchanges
This is with reference to the circular no. SMDRP/Policy/cir-25/2001 dated March 28, 2001, where in we had intimated the revised slabs for incremental ALBM /BLESS and the incremental MCFS margins to be levied on the gross positions.
In this regard, you are advised to take note that the last slab mentioned in the circular may be read as follows:-
|Gross Outstanding Market Position(Rs. In crores)||OR||Gross carry forward positions (as %age of company’s paid up capital)||Rate of margin(%)|
|Exceeding 500||OR||Exceeding 15%||30|
You are advised to take note of the change in the slabs.
P K Kuriachen
Deputy General Manager
Secondary Market Depository,
Research & Publications Department