National Spot Exchange Limited

Annexure 1Contract Specifications of Sugar M-30 Grade Traders’ Ex-Ambala (T+25) Delivery ContractCommodity DetailsCommoditySymbolDescriptionContract SpecificationsDaily ContractTrading periodTrading sessionSugarSM30AMBL25Sugar M-30 GradeShort Selling is Strictly Prohibited. All sellers should possesscommodities before giving sale order. Each buying and sellingtransaction will be settled on Trade to Trade Basis and result intocompulsory deliveryMonday to Saturday except Exchange specified holidaysMonday to Friday: 10:00 AM to 6:00 PMSaturday : 10:00 AM to 2:00 PMTrading Related InformationTrading UnitQuotation / Base ValueTick Size (minimum pricemovement)10 MT` per quintal` 0.10Daily Price Limits 4%Price QuoteInitial Margin 3%Maximum Order SizeDelivery Related InformationEx-Ambala NSEL warehouse including Excise Duty and all expenses.VAT and other taxes will be extra when applicable.1000 MTDeliverable GradeDelivery UnitDry fresh free flowing Sugar delivered at NSEL Warehouses on“AS IS WHERE IS BASIS”10 MT (with a tolerance limit of + 250 kgs) and direct multiplesthereof.Delivery Period Margin 10%Special MarginIn case of additional volatility, a special margin at such percentage, asdeemed fit, will be imposed immediately either on buy or sale side orboth sides in respect of all outstanding position.Delivery Center(s)Delivery LogicPackingWeighmentAuction Related DetailsSymbol for Auction Buy-inSymbol for Auction Sell-outAuction periodExchange designated warehouse at Ambala, within 50 Kms radius ofAmbala municipal limits.Compulsory. Net positions at close of the trading session shall beconsidered as the delivery obligation.The delivery of sugar can be made in the form of either in 50 kg newPP Bag with inner lining of Standard weight. Delivery must be inuniform packaging in multiples of delivery unit.At exchange designated weigh bridgeABM30AMB25ASM30AMB255:00 PM to 5:30 PM on the T+2 day2