Dated: -30th March 2007




Re: Payin / Payout for Settlement No: 2008301 & 2008001 and collection of upfront margin for settlement No: 2008303 / 2008003


In view of closure of banking services due to Annual Closing of Accounts on Monday, the 2nd April’2007, the members’ of the Exchange are requested to note and comply with the following directions.


1.         Arrange requisite funds in the settlement account for early pay – in of funds for trades executed on 29th March’2007 (Settlement No: 2008301 & 2008001) within evening of 30th March’2007 (Friday).

2.         Make early pay – in of all securities for settlement No: 2008301 & 2008001 on 30th March’2007.

3.         Based on completion of early pay in of funds and securities from clearing    banks and NSDL respectively, the Exchange may accept upfront margin on 30th March’2007 for trade date 2nd April’2007.

4.         The pay out of funds and securities for the above settlement will be released as per schedule.

5.         The margin against settlement number 2008301 will be released after completion of funds pay in and securities pay in on 3rd April’2007.




Joint Secretary & D.G.M