20.01.2004

Further to the Notice of the Exchange dated, 30^th. June,2003, regarding Cash and non-cash component of additional capital and margins, members of the Exchange are hereby informed that SEBI. vide its circular No. SEBI/SMD/SE/Cir-22/2003/11/06 dated 11^th. June,2003 has enhanced the existing level of minimum cash component of the additional capital and margins from 30% to 50%. Accordingly the Exchange has updated the software and the new calculation of margin on the basis of the aforesaid circular will be implemented with effect from 21. 01. 2004.