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Corporates Withdrawn from Trading on NSE within the Last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whose securities are suspended / withdrawn from trading on NSE within the last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