Meeting of Group on Risk Management Systems for the Equity Markets

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..... ock exchanges Dear Sir/Madam, Pursuant to the discussions in the meeting of the Group on Risk Management Systems for the Equity Markets held on August 14, 2001 the following decisions have been taken : 1. Disclosure of the scrip wise delivery ratio In the absence of the deferral products and the introduction of the rolling settlement, the information of the .....

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..... Deliverable quantity (Gross across client level) % of deliverable quantity to traded quantity 1 2. No delivery period Vide our Circular No. SMDRP/Policy/CIR-55/00, dated Dec .....

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..... n on cum basis. Henceforth, there will be no no delivery period on account of book closure/record dates for corporate actions such as issue of dividend and bonus shares in respect of the scrips which are traded in the compulsory dematerialised mode. 3. Reference price for close out Vide our Circular No. SMD/Policy/IECG/5548/96, dated December 09, 1996 while advising .....

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