June 04, 2014
Press Release No. 1
News about Rashtriya Chemicals and Fertilizers Limited
The media had reports that,
“The company is in advanced talks to acquire a gas plant in Middle East.”
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.
Rashtriya Chemicals and
Fertilizers Limited has vide its letter inter-alia stated, “There is no plan by
the company to acquire any gas plant in Middle East or any other place. The
captioned item is incorrect. The company is looking at possibilities of Joint
Ventures abroad for making fertilizers with cheaper gas available. The talks
are at very preliminary stage and no concrete understanding has been
reached."
Press Release No. 2
Clarification by Tata Sponge Iron Limited
Substantial increase in
trading volumes have been observed in Tata Sponge Iron 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.
Tata Sponge Iron Limited
has vide its letter inter-alia stated, “In our opinion, we do not have any
other 'price sensitive Information', which has not been placed in the public
domain."
Press Release No. 3
Clarification by Orchid Chemicals & Pharmaceuticals Limited
Substantial increase in
trading volumes have been observed in Orchid Chemicals & Pharmaceuticals
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.
Orchid Chemicals &
Pharmaceuticals Limited has vide its letter inter-alia stated, “We confirm that
there are no material developments and plans other than those already
communicated to the exchanges in line with the listing agreement. The company
is unaware of the reason behind this price and volume increase."
Press Release No. 4
Clarification by Visagar Polytex Limited
Significant price and
volume movement has been observed in Visagar Polytex 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.
Visagar Polytex Limited has
vide its letter inter-alia stated, "We hereby confirm that we have no pending
announcement / events / information, price sensitive information which may have
an effect on price/ volume of our shares traded on your exchange."
Press Release No. 5
Market-wide Position Limit
in DISHTV
The derivative contracts in
the underlying DISHTV have crossed 95% of the market-wide position limit on
June 04, 2014. It is hereby informed that all clients/ members shall trade in
derivative contracts of DISHTV by offsetting their existing positions till the
open interest comes down to 80% of the market wide position limit.