Dated: 27th December 2011

NOTICE

 

Re: Expiary of Bank Guarantee for  ABMC Margin in C-Star / CSE-BSE / CSE-NSE

 

 

All the members are hereby informed that the validity period of the Bank Guarantee (BG) submitted by the members for availing margin limit in C-STAR and for trades executed under CSE-BSE /CSE-NSE arrangement will be reduced by 7 days from the actual expiry of the Bank Guarantee.

 

The said policy is being introduced keeping in view the risk management practices and to give issuing bank time to renew the BG.

 

General Manager (SEO)