Further to our circulars 20210823-44 dated August 23, 2021, 20210917-56 dated September 17, 2021, and 20211001-58 dated October 01, 2021 on the captioned subject and in consultation with other Clearing Corporations and SEBI, the penalty structure as per Annexure 1 shall be applicable for the irregularities observed with respect to the daily collateral reporting by the Clearing members.
Members may please note that the provisions of this circular shall be applicable from trade date December 16, 2021.
For any clarification, Members may contact their respective Relationship Managers or Membership & Inspection at +91-22-22725744/8365/8788 or email@example.com
For and on behalf of the Indian Clearing Corporation Ltd.
Membership & Inspection