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| NOTICES |
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| Notice No. |
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20130215-19 |
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Notice Date |
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15 Feb 2013 |
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| Category |
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Trading |
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Segment |
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SME |
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| Subject |
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Revision in spread percentage for SME scrip |
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| Content |
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This is with reference to SEBI circular no. CIR/MRD/DP/14/2010 dated April 26, 2010 regarding Guidelines for market makers on Small and Medium Enterprise (SME) Exchange and Exchange notice no. 20120309-32 dated March 09, 2012 regarding Market Making and Listing Fees on BSE SME Exchange.
Trading members are requested to note that as per Exchange guidelines all SME scrips have a proposed spread % for Market Makers (MMs) as mentioned below:
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Sr. No.
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Market Price Slab (in Rs.)
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Proposed spread (in % to sale price)
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1
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Up to 50
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9
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2
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50 to 75
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8
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3
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75 to 100
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6
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4
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Above 100
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5
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Based on the above mentioned guidelines Exchange has decided to change the spread percentage for the below mentioned scrips for the Market Makers (MMs) in the below mentioned scrips. Members are requested to note the same. This circular will be effective from Monday, February 18, 2013.
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Scrip Code
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Name of the Company
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Avg Close price
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Spread (in % to sale price)
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534422
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Monarch Health Services Limited
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123.61
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5
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534563
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Max Alert Systems Limited
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94.51
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6
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For and on Behalf of BSE Ltd.
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Devika Shah
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Ajay Thakur
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Sr. GM - Trading Operations
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A.G.M. – SME Segment
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