Dear Sir/Madam
As per recent NSE circulars vide reference no NSE/FAOP/37594 dated April 23, 2018 (Circular Attached for reference ) regarding physical settlement in derivative segment (List attached for 46 stock ) and STT applicable on delivery stock (Circular Attached ) dated 17 July 2018, you are requested to either Close or Roll over your open positions to next month (August Expiry ) before the current expiry due date (Thursday 26th July 2018). Further, in case you are interested for Delivery, kindly deposit the additional margin before Monday 23 JULY 2018.
For simplicity, please see below example for understanding delivery margin
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Scrip Name Lot Size Future Margin Price Delivery Margin
(Price X Lot Size)
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ADANIPOWER 20000 162000 20.95 419000
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The above mentioned example table shows if you Roll-over your position then F&O Margin of Rs 162000 is required and STT applicable on F&O. Alternatively, you need to deposit the Delivery Margin of Rs 419000 before Monday 23 July 2018 for carrying the position and STT applicable for Delivery @ 0.10%.
If any clarification, please contact Client Support or your Account Manager.
Thanks
Compliance Team
Finvasia