March 04, 2011

 

Press Release No. 1

Corporates with highest number of complaints pending

 

Given below are names of corporates, whose securities are suspended / withdrawn from trading on NSE, with highest number of complaints pending against them for a period of more than 2 months as on February 28, 2011.

 

Sr. No.

Name of the Corporate

Number of complaints pending

1

Vatsa Corporations Ltd

76

2

Soundcraft Industries Ltd.

27

3

Pal Peugeot Ltd

11

4

Enkay Texofood Industries Ltd

6

5

Arihant Industries Ltd.

5

6

Patheja Forgings & Auto Parts Manufacturers Ltd

4

7

Eider Infotech Limited

3

8

Cauvery Software Engineering Systems Ltd

2

9

Lan Eseda Industries Ltd

2

10

Scintilla Software Technology Ltd

2

 

 

Press Release No. 2

News about Bajaj Finserv Limited

 

The media had reports that Bajaj Finserv Limited may enter into an insurance tie up with Berkshire Hathaway.

 

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.

 

Bajaj Finserv Limited has vide its letter inter-alia stated," We wish to state that Berkshire Hathaway will enter Indian insurance business as a Corporate Agent for Bajaj Allianz General Insurance Company Limited (BAGIC), a 74% subsidiary of Bajaj Finserv limited. Berkhsire India, which is a Berkshire Hathaway subsidiary, will sell and distribute general insurance products through its online distribution portal and a telemarketing channel on behalf of BAGIC. It will initially sell motor insurance policies. BAGIC has about 40 corporate agents. The tie up will help expand its customer base. Bajaj Finserv Limited does not have any plan, at present or in the foreseeable future, to sell its equity to Berkshire Hathaway group of companies.

 

 

Press Release No. 3

Clarification by Vaibhav Gems Limited

 

Significant price movement has been observed in Vaibhav Gems Limited in the recent past.

 

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.

 

Vaibhav Gems Limited has vide its letter inter-alia stated," We wish to inform you that currently there is no price sensitive information/announcement which has bearing on price or volume of the shares of the company."

 

 

Press Release No. 4

NSE completes its 2755th Normal Settlement

 

The Exchange has successfully completed its 2755th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2011041 on Mar 04, 2011. The settlement statistics are as follows:

 

Particulars
Values

 

N-2011041

Total traded quantity (lakhs)

       6912.01

Total traded value (Rs. In Crores)

13267.37

Total value of the settlement (Securities) (Rs. In Crores)

3855.66

Total value of the settlement (Funds) (Rs. In Crores)

1080.18

Shortages for the settlement

0.09%

%  of  Delivery ( No. of shares deliverable / No. of shares traded )

29.10%


Retail Debt Market has completed its 2028th settlement, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2011041

NIL

NIL

NIL