Revision in Margin Pledge benefits

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’.

As a result of this, no new pledge shall be accepted for such disapproved scrips starting 22 July 2024.

If any of these scrips are already pledged with us, they will attract a higher haircut starting 29 July 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 1st August 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