February 04, 2015
Press Release No. 1
News about Kirloskar Oil Engines
Limited
The media had reports "Kirloskar Oil In Agmt
W/Rolls-Royce To Build Gensets For Nuclear Plants".
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.
Kirloskar Oil Engines Limited has vide its letter
inter-alia stated, "On 27 January 2015 the Company has signed a Memorandum
of Understanding (MOU) with MTU Friedrichshafen GmbH (MTU), Germany, for supply
of MTU Engines, which will be used by the Company for assembling Emergency
Gensets for possible future requirements of Nuclear Power Plants in India. The
signing of this MOU was only for purpose of stating intent of co-operation for
future business.
As on date there is no firm order executed in this
regard by the Company with MTU for supply of Emergency Gen sets to Nuclear
Power Corporation of India Limited (NPCIL).
The Company has completed
execution of its order of 16 Emergency Gensets to NPCIL in Dec 2014. This order
was executed over a period of 3 financial years. The MOU with MTU, holds us in
good stead to execute future orders, should the opportunity arise. As such, in
the Company's view, this MOU is not price sensitive information and hence not
required to be reported under Clause 36 of the Listing Agreement."
Press Release No. 2
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are names of corporates, whose securities are suspended / withdrawn from trading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 and number of complaints pending against them for a
period of more than 2 months as on January 31, 2014.
Sr. No. |
Name of the Corporate |
Number of complaints pending |
1 |
Birla
Power Solutions Limited |
21 |
Out
of the companies whose securities are traded on NSE, given below are names of
corporates with highest number of complaints pending against them for more
than 2 months as on January 31, 2014.
Sr. No. |
Name of Corporate |
Number of complaints pending |
1 |
Helios
And Matheson Information Technology Limited |
19 |
2 |
Zylog
Systems Limited |
11 |
3 |
Plethico
Pharmaceuticals Limited |
10 |
Press Release No. 3
Market-wide Position Limit
in WOCKPHARMA
The derivative contracts in the underlying WOCKPHARMA have crossed 95%
of the market-wide position limit on February 04, 2015. It is hereby informed
that all clients/ members shall trade in derivative contracts of WOCKPHARMA by
offsetting their existing positions till the open interest comes down to 80% of
the market wide position limit.