Rectified / Replaced bad deliveries reported as bad delivery (Rebad delivery)

• For Regular Market Deals: At the highest price prevailing in the NSE from the first day of the relevant trading period till the day of the closing out or 10% above the official closing price on the auction day whichever is higher

• For Limited Physical Deals: Rectified / replaced shares reported as bad delivery (Rebad delivery) shall be squared up at 10% over the actual trade price

Company objection cases reported as bad delivery

Rectified /replaced company objection reported as bad delivery shall be squared up at 10% above the official closing price on the auction day.

Close out price for deleted security

Security for which trading has been discontinued on the Exchange (hereinafter referred to as deleted security), close out shall be at 20 % over the official closing price on the last traded day of the 'deleted security' on the Exchange

Deleted security on account of payment of additional call money: In the case of securities for which trading has been discontinued on the Exchange on account of payment of additional call money (deleted security), the security where the respective call money has been paid (new security) will be considered to arrive at the closing price.

Company objections received in the 'deleted security' will be required to be reported in the 'new security' symbol / series. In case the 'new security' is not available for the reason of such security not being introduced for trading on the Exchange / trading being discontinued on the Exchange, company objections will be required to be reported in the 'deleted security' and closing price for such deleted security will be at 20 % over the official closing price on the last traded day of the 'deleted security' on the Exchange

Deleted security on account of payment of redemption :

In the case of securities for which trading has been discontinued on the Exchange on account of redemption (deleted security), the security (with the new face value after redemption) introduced for trading by the Exchange (new security) will be considered to arrive at the closing price.

Company objections received in the 'deleted security' will be required to be reported in the new security symbol / series and members will be entitled to claim redemption amount as corporate benefit.

In case the 'new security' is not available for the reason of such security not being introduced for trading on the Exchange / trading being discontinued on the Exchange on account of full redemption, company objections will be required to be reported in the 'deleted security' and closing price for such deleted security will be at 20 % over the official closing price on the last traded day of the 'deleted security' on the Exchange.

Deleted security on account of merger / amalgamation / hive off / scheme of restructuring

In the case of securities for which trading has been discontinued on the Exchange on account of merger / amalgamation/ scheme of restructuring ('deleted security'), the security with which the deleted security is merged / amalgamated / hived off / restructured into ('new security') will be considered to arrive at the closing price.

Closing price for such 'deleted security' will be the official closing price of the new security on the auction day prevalent on the Exchange.

In case where the price of the 'new security' is not available for the reason of such security not being traded on the Exchange, the closing price for such deleted security will be at 20 % over the official closing price on the last traded day of 'deleted security' on the Exchange.

In case, where more than one security ('additional securities') is being given by the company in lieu of the 'deleted security', the claim of company objection lodged for such 'deleted security' shall be settled as follows:

1. if such 'additional securities' are traded on the Exchange, in the ratio in which they have been issued by the company.

2. If any one or more of these 'additional securities' are not traded on any Stock Exchange, no claim shall arise, for such security not traded.

3. If any one or more of these 'additional securities' are not traded on the Exchange but traded on some other Stock Exchanges, the relevant closing price of such securities shall be the closing price on the Regional Exchange, to be notified by NSCCL.

Close out price for bonds

In case of failure to give delivery, non rectification/replacement of bad delivery, rectified/replaced bad delivery subsequently reported as re-bad, auction non-delivery, and auction delivery reported as bad delivery, closing out price will be the highest rate prevailing on the Exchange from the first day of the relevant trading period till the day of closing out or 5% over the official closing price on the auction day, whichever is higher.

In case of non rectification / replacement of company objection and rectified/replaced company objections reported as bad delivery, closing price will be 5% over the official closing price on the auction day.

Closing-out of company objections reported against Suspended Members and Surrendering Members Suspended Members and Surrendering Members are allowed to replace the company objection reported against them only in the dematerialised form and not in the physical form. The non-rectified/replaced shares shall be compulsorily closed out at the 19th day closing price without any mark-up. The list of 'Suspended Members/Surrendering Members' shall be intimated by the Exchange/Clearing Corporation from time to time.