February 04, 2009

Press Release no.1

NSE completes its 2239^th Normal Settlement

The Exchange has successfully completed its 2239^th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Numbers N – 2009021 on Feb 04, 2009. The settlement statistics is as follows:

Particulars	Values
	N-2009021
Total traded quantity (lakhs)	6425.21
Total traded value (Rs. In Crores)	8431.99
Total value of the settlement (Securities) (Rs. In Crores)	1775.90
Total value of the settlement (Funds) (Rs. In Crores)	760.91
Shortages for the settlement	0.21%
% of Delivery ( No. of shares deliverable / No. of shares traded )	21.16%

Retail Debt Market have completed its 1513^rd settlements detail of which are as follows:

Settlement No.	Traded Value	Settlement Value
		Securities	Funds
D- 2009021	NIL	NIL	NIL

Press Release no.2

News about Balrampur Chini Mills Limited

The media had reports that the Ministry of Corporate Affairs has begun prosecuting directors of Balrampur Chini Mills Ltd for not complying with the accounting standards.

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 officials of the company.

Balrampur Chini Mills Ltd has vide its letter inter-alia stated, "The Department of Corporate Affairs has inspected the Books of Accounts, records and other papers of the Company under section 209A of the Companies Act, 1956. Some minor violations including that of the Accounting Standards/ regrouping/ rearrangement of previous year's figures have been pointed out by the Department in the Inspection report. Accordingly, Show Cause Notices were issued by the department. Thereafter, the Company compounded all these offenses before the Company Law Board and the Regional Director. The matter has been disposed of. The news item in the said media on fudging of accounts is without substance, false and misleading."