Announcements

We would like to inform you that around 1000 scrips have been disapproved by the Exchange from their list of ‘Approved Securities for Margin Pledge’ based on the circular issued on 8th July 2024.

As per the circular, these scripts will now attract a minimum of 80% haircut starting from 1 October 2024. Earlier the haircut was changed to 60% starting from 1 September 2024.

If any of these scrips are already pledged with us, they will attract a higher haircut starting 30 September 2024. Which means, you will need to have additional funds to keep your positions intact.

In case there are any margin shortfalls, your positions will be squared off on or after 1 October 2024 to comply with the margin requirements.

The list of these 1000 scrips and the circular are attached for your reference.

We advise you to review your portfolio and make necessary adjustments to avoid any inconvenience. Thank you for your understanding and cooperation.

List of scrips removed: Click here
Circular: Click here