Use of Impact Cost Calculations of another Exchange

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..... Dear Sir/Madam, Sub :- Use of Impact Cost Calculations of another Exchange 1. SEBI vide circular No. SMD/Policy/Cir-9/2003 dated March 11, 2003 stipulated that the scrips would be margined based on the categories in which it is included. The classification of scrips into Group I and Group II and III has been specified at para no.1-5 of the circular. The methodology .....

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..... k exchange, as well as have not been able to enter into a formal arrangement for liquidation of positions as stated in Clause 3 above, it shall levy margins on the scrips as applicable to Group II or Group III as provided in SEBI circular No. SMD/Policy/Cir-9/2003 dated March 11, 2003, as classification between scrips in Group I or Group II would not be possible at these Exchange. 5. The .....

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