Clarification on Call Auction in Pre open session

• Notice No: 20100831-5
• Notice Date: 31 Aug 2010
• Category: Trading
• Segment: Equity

This is with reference to SEBI Circular No. CIR/MRD/DP/21/2010 dated July 15^th 2010 & BSE Notice no. 20100720-26 dated July 20^th 2010 regarding “Introduction of call auction in Pre-open session”; SEBI has issued further clarification on the subject on August 27^th 2010 vide Circular No. CIR/MRD/DP/27/2010.

All market participants are requested to take note of the same.

A copy of the above circular is enclosed as Annexure I for reference.

Dr. Sayee Srinivasan                                                              Tejash Somaiya

Head – Product Strategy                                                      Member/Institutional Sales