https://www.taxtmi.com/circulars?id=58846 The circular increases SLB contract tenure and prescribes corporate-action adjustments: dividends recovered from the borrower at reverse leg and passed to the lender; stock splits result in proportional position adjustments; other corporate actions cause transaction foreclosure from the day before the ex-date with pro-rata lending fee recovery and return to the borrower. SLB session timing is extended to normal trading hours. Exchanges must adopt common risk-management practices balancing commercial viability and adequate controls, may take margins in cash and prescribed cash equivalents, and must amend rules and systems to implement these requirements. en-us Fri, 31 Oct 2008 00:00:00 +0530 Mon, 31 Dec 2018 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58846 The circular increases SLB contract tenure and prescribes corporate-action adjustments: dividends recovered from the borrower at reverse leg and passed to the lender; stock splits result in proportional position adjustments; other corporate actions cause transaction foreclosure from the day before the ex-date with pro-rata lending fee recovery and return to the borrower. SLB session timing is extended to normal trading hours. Exchanges must adopt common risk-management practices balancing commercial viability and adequate controls, may take margins in cash and prescribed cash equivalents, and must amend rules and systems to implement these requirements. Circulars SEBI Fri, 31 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58846