Shortages

The Clearing House arrives at the shortages in delivery of various Securities by the Members on the basis of their delivery obligations and actual delivery.

The Members can download the statement of shortages in delivery of Securities in A, B, T, Z, F, Odd-lot & G group Securities on T+1 day, i.e., Pay-in day. After downloading the shortage details, the Members are expected to verify the same and report discrepancy, if any, to the Clearing House immediately. If no discrepancy is reported within the stipulated time, the Clearing House assumes that the shortage of a Member is in order and proceeds to auction/ close-out the same. Moreover, the value of shares delivered short is recovered from the Member at the standard/closing rate of the Securities on the T day.