NCDEX Scraps Additional Margins

The trading and clearing members are hereby informed that, as per the directives received from the Forward Markets Commission and in terms of the Bye-laws, Rules and Regulations of the Exchange, the additional margins imposed from time to time in respect of Pepper, Jeera, Chana, Guar gum, Guarseed, Red Chilli, Mentha Oil and Maize contracts are withdrawn. The above would be applicable with effect from the beginning of day on December 24, 2007.