April 03, 2013

 

Press Release No. 1

Corporates with highest number of complaints pending

 

Given below are names of corporates, whose securities are suspended / withdrawn from trading on NSE within the last year, with highest number of complaints pending against them for a period of more than 2 months as on March 31, 2013.

 

Sr. No.

Name of the Corporate

Number of complaints pending

1

Aster Silicates Limited

1

2

Deccan Chronicle Holdings Limited

1

3

IOL Netcom Limited

1

4

Nuchem Limited

1

 

 

Press Release No. 2

News about TVS Motor Company Limited

 

The media had reports that TVS Motor Company Limited is likely to have finalised alliance with BMW.

 

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.

 

TVS Motor Company Limited has vide its letter inter-alia stated, "In our earlier letter dated July 09, 2012 wherein "we have clearly stated that the Company is in talks with German Auto-maker, BMW's Motorcycle Division, BMW Motorrad for a technology tie up and that the Company will keep the exchanges informed once finality is reached in this regard". We wish to clarify that we have not released nor provided any further information on this issue to anyone. We will keep the exchanges informed immediately we reach finality in this regard."