February 04, 2013

 

Press Release No. 1

News about Power Finance Corporation Limited

 

The media had reports that Power Finance Corporation Limited is looking at buying stake in a bank.

 

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.

 

Power Finance Corporation Limited has vide its letter inter-alia stated that, "The Company has not decided to take any stake in Banks so far. The company is only exploring the possibility of taking a stake in Banks and as and when any decision in this regard would be taken by the Board, we will inform to the exchange about the same."

 

 

Press Release No. 2

Market-wide Position Limit in PUNJLLOYD

 

The derivative contracts in the underlying PUNJLLOYD have crossed 95% of the market-wide position limit on February 04, 2013. It is hereby informed that all clients/ members shall trade in derivative contracts of  PUNJLLOYD by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.