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July 01, 2014

Press Release No. 1

NSE opens Investor Service Centre in Vadodara, Conducts Awareness Programme for Investors

VADODARA: India’s leading stock exchange, the National Stock Exchange, opened an Investor Service Centre (ISC) in Vadodara to provide local investors easy access to complaint resolution services and arbitration mechanism, and organised an Investor Awareness Programme at the new centre to spread awareness about the financial markets.

The ISC will handle investor queries, resolve investor complaints and provide arbitration mechanism for quasi-judicial settlement of disputes. It is the second such centre in Gujarat, the other being in Ahmedabad. With the inauguration of the new ISC in Vadodara, investors in this region will no longer have to travel to Ahmedabad for complaint resolution, and will get access to these services closer home. NSE officials at the ISCs endeavor to resolve all complaints within 15 days. If the complaints are not resolved within 15 days, or if the aggrieved parties are not satisfied, the complaints are referred to the Investor Grievance Resolution Panel, which consists of external members.

NSE has 11 Investor Service Centres in Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Indore, Jaipur, Kanpur, Kolkata, Mumbai and Pune. In addition to Vadodara, two other ISCs were opened at Patna and Lucknow, taking the total number of ISCs to 14.

At the Investor Awareness Programme organised today, NSE officials spoke about the importance of savings and the precautions investors should take while trading. For instance, they were told that investors should not get carried away by market rumors or promises of exceptionally high returns. They were also cautioned that it is not necessary to share the power of attorney with the broker.

A number of investors and citizens of Vadodara attended the conference. Investors were told that they can register their cell numbers and emails with their broker and the exchange will send them text and email alerts at the end of the trading day, so that investors can verify their trades.

Investors were also advised to check their bank accounts and demat accounts to check whether the funds and securities have been transferred to their accounts, when settlement is done.

NSE takes a number of initiatives every year to educate investors about the financial markets and on products like exchange traded funds, through which investors can invest in small amounts and track their investments in a transparent way. For instance it is possible to invest in one unit of Nifty ETF by just investing one tenth the value of the Nifty index ( around 650 Rs) and get good returns over a ten year period.

Press Release No. 2

NSE opens Investor Service Centre in Lucknow

LUCKNOW: India’s leading stock exchange, the National Stock Exchange opened an Investor Service Centre (ISC) in Lucknow on June 30, to provide local investors easy access to complaint resolution services and arbitration mechanism. The ISC will handle investor queries, resolve investor complaints and provide arbitration mechanism for quasi-judicial settlement of disputes. It will also conduct awareness programmes for educating investors about the securities market.

The ISC in Lucknow is the second such centre in Uttar Pradesh, after an ISC was set up in Kanpur. With the inauguration of the new ISC in Lucknow, investors in this region will no longer have to travel to Kanpur or New Delhi for complaint resolution, and will get access to these services closer home. NSE officials at the ISCs endeavor to resolve all complaints within 15 days. If the complaints are not resolved within 15 days, or if the aggrieved parties are not satisfied, the complaints are referred to the Investor Grievance Resolution Panel, which consists of external members.

NSE has 11 Investor Service Centres in Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Indore, Jaipur, Kanpur, Kolkata, Mumbai and Pune. In addition, apart from Lucknow, two other ISC centres are being opened soon at Patna and Vadodara.

The exchange also organised an investor awareness programme at the Lucknow ISC, where NSE officials spoke about the importance of savings and the precautions investors should take while trading. For instance they were told that investors should not get carried away by market rumors or promises of exceptionally high returns. They were also cautioned that it is not necessary to share the power of attorney with the broker.

A number of investors and citizens of Lucknow attended the conference. Investors were told that they can register their cell numbers and emails with their broker and the exchange will send them text and email alerts at the end of the trading day, so that investors can verify their trades.

Investors were also advised to check their bank accounts and demat accounts to check whether the funds and securities have been transferred to their accounts, when settlement is done.

Press Release No. 3

Clarification by Steel Strips Wheels Limited

Significant price and volume movement has been observed in Steel Strips Wheels Limited.

The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

Steel Strips Wheels Limited has vide its letter inter-alia stated, “There are no major Developments/ Price Sensitive Information, which have arisen in the recent past. We are not known to any reason for the sudden spurt in both volume and price of our equity shares traded on the Stock Exchanges. We also confirm that there is no unpublished Price Sensitive Information, which has not been disseminated to the Exchanges."

Press Release No. 4

Clarification by Timken India Limited

Substantial increases in trading volumes have been observed in Timken India Limited.

Timken India Limited has vide its letter inter-alia stated;" We have no impending announcements that would affect the volume."

Press Release No. 5

News about Anant Raj Limited

The media had reports that "Anant Raj to exit hospitality business."

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

Anant Raj Limited has vide its letter inter-alia stated, “There is no specific deal relating to any of the hospitality property is in hand with the Company and hence the matter is yet not considered in the board meetings of the Company. As soon as there will be any development towards any such deals, the matter would be discussed in the board and necessary disclosure/ intimation shall be given to stock exchanges in compliance with applicable laws."

Press Release No. 6

News about ITI Limited

The media had reports that "ITI WINS RS 2984 CR ADVANCE PURCHASE ORDERS FROM BSNL."

ITI Limited has vide its letter inter-alia stated;" ITI Limited has bagged orders against NFS (Network for Spectrum) project from Bharat Sanchar Nigam Limited amounting to Rs. 2984 Crores."

Press Release No. 7

Market-wide Position Limit in DISHTV, HDIL

The derivative contracts in the underlying DISHTV, HDIL have crossed 95% of the market-wide position limit on July 01, 2014. It is hereby informed that all clients/ members shall trade in derivative contracts of DISHTV, HDIL by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.