All Clearing Members
Further to the consultation with SEBI and other Clearing Corporations, members may please note the following, in view of Muhurat Trading session to be held on Friday, November 01, 2024, on account of Diwali :-
· End of day short allocation against margin requirement shall be exempted from penalty for all segments.
· EPI of securities done on next day for sale executed on the day of Muhurat trading shall be permitted towards margin reporting for Muhurat day trading. It is clarified that for the Muhurat Trading Session the provisions of providing credit against EPI would continue to be governed by the existing norms.
All members are requested to take note of the same.
For and on behalf of
Indian Clearing Corporation Limited
Anita Bhatia
Chief Regulatory & Compliance Officer
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