Clarification on Introduction of Call Auction in Pre-Open Session

• Notice No: 20100920-14
• Notice Date: 20 Sep 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 September 17^th 2010 vide Circular No. CIR/MRD/DP/32/2010.

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

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

Dr. Sayee Srinivasan                                                             Tejash Somaiya

Head – Product Strategy                                                      Member/Institutional Sales