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April 03, 2014

 

Press Release No. 1

Market-Wide Position Limit in L&TFH

 

The derivative contracts in the underlying L&TFH have crossed 95% of the market-wide position limit on April 03, 2014. It is hereby informed that all clients/ members shall trade in derivative contracts of L&TFH by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 

 

 

Press Release No. 2

Corporates Withdrawn from Trading on NSE within the Last Year

 

Given below are names of corporates, whose securities are suspended / withdrawn from trading on NSE within the last year, with highest number of complaints pending against them for a period of more than 2 months as on March 31, 2014.

 

Sr. No.

Name of the Corporate

Number of complaints pending

1

Birla Power Solutions Limited

15

2

Geodesic Limited

4

3

First Leasing Company Of India Limited

1

 

 

 

Press Release No. 3

Clarification by Wockhardt Limited

 

Substantial increase in trading volumes has been observed in Wockhardt 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.

 

Wockhardt Limited has vide its letter inter-alia stated,"Presently we do not believe that there is any information/announcement of the nature sought by you. In the event that there is any development that requires disclosure, we will make the same immediately in accordance with regulatory requirements."

 

 

 

Press Release No. 4

News about Larsen & Toubro Limited

 

The media had reports that "L&T may Write Off Rs 15k Cr Worth Slow-Moving Orders."

 

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.

 

Larsen & Toubro Limited has vide its letter inter-alia stated,"The Company evaluates its order book on a regular basis. The slow moving orders in that process may be removed to enable carry forward of healthy backlog of orders. There is no negotiation with the clients for this process. Removal of such orders has no impact on revenue. The new orders which the Company has received has compensated for any such removal of orders. The Company as part of its communication to the press in January 2014 during the announcement of results had disclosed this aspect."

 

 

 

Press Release No. 5

Clarification by Strides Arcolab Limited

 

Substantial increase in trading volumes has been observed in Strides Arcolab 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.

Strides Arcolab Limited has vide its letter inter-alia stated, "We wish to clarify that there are no material events/price sensitive information/announcement (including impending announcement) which the Company has not disclosed to the Exchanges