To

All Members/Participants,

Attention of Members of the Indian Clearing Corporation Ltd (ICCL) is drawn to SEBI Circular No Ref. No: SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021 and ICCL circular No. 20210722-30 dated July 22, 2021 regarding ‘Segregation and Monitoring of Collateral at Client Level’. The said SEBI circular, inter-alia, stipulates that Clearing Corporations (CCs) shall provide a facility to Clearing Members (CMs) for upfront segment-wise allocation of collateral to a Trading Member (TM) / client or CM’s own account (for various forms of collateral other than securities placed through depositories’ margin pledge/re-pledge mechanism) and the CCs shall use such collateral allocation information to ensure that the collateral allocated to a client is used towards the margin obligation of that client only.

Accordingly, ICCL will provide a facility through member extranet portal to CMs for uploading collateral allocation files. The details of file formats are provided in Annexure 1.

Other operational modalities with respect to abovementioned SEBI Circular will be informed through a separate circular, shortly.

For any clarifications, Members may contact their respective Relationship Managers or on any of the following numbers.

For Indian Clearing Corporation Ltd.

Hitesh Shah                                                                                                            Sanaiya Ghadially

Dy. General Manager                                                                                          Manager

Date: November 09, 2021