Corrigendum to Circular no. SMDRP/POLICY/CIR-31/2000 dated July 27, 2000.

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..... sident/Executive Director/ Managing Director of All the Stock Exchanges Dear Sir, Corrigendum to Circular no. SMDRP/POLICY/CIR-31/2000 dated July 27, 2000. Please refer to our above said circular regarding Automated Lending and Borrowing Mechanism (ALBM). It is hereby informed that para 5.3.3 of the said circular regarding the Incremental ALBM Margin .....

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..... oing upto 4% 5% Exceeding 100 and up to 150 8% Exceeding 4% going upto 5% 8% Exceeding 150 and up to 200 12% Exceeding 5% going upto 6% .....

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..... . Once this margin is imposed by any Exchange having ALBM or MCFS facility, the other Exchanges having ALBM or MCFS will also follow the same from the start of next settlement. It may be noted that the other provisions of the said circular remain the same. Yours faithfully, P.K.BINDLISH DIVISION CHIEF SECONDARY MARKET DEPARTMENT .....

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