July 4, 2011

Press Release No. 1

Launch of interest rate futures on T 91 day bills

The interest rate futures on the T 91 day bills, which were launched by the National Stock Exchange today, were received well by the market.

The product was announced by the RBI in their monetary policy on April 20, 2010. Subsequently, circulars were issued by SEBI and RBI on the product design and risk management framework. The product was launched based on guidelines issued by RBI and SEBI to encourage participation in the product.

During the day, 39,755 contracts with a traded value of Rs 731.24 crores were traded on NSE. Out of the four contracts (three monthly and one quarterly) available for trading, the July expiry contract was the most active with 39,732 contracts being traded. The bid-ask spread was observed to be around one tick i.e. 0.0025 paisa most of the time.

Trading members, including 14 prominent PSU and private banks and corporate clients participated in trading the interest rate futures on T 91 day bills.

The interest rate futures are based on the T 91 day government of India treasury bills, which are money market instruments, used by the government to finance its short term requirements. One contract denotes face value of Rs 2 lakhs.

The product comes at a time, when interest rates are volatile and can be used effectively by banks, mutual funds, FIIs, corporates and anyone who has exposure to short term interest rates, to hedge their risk.

The interest rate futures on the T 91 day bills have many advantages: they are cash settled. There is no additional cost of trading this new product, as the existing trading relationship and infrastructure can be used by the investor and member brokers respectively. It’s safe to trade in the product, as there is no counterparty risk, because of centralized clearing and guaranteed settlement by the clearing corporation.

The product is being traded as part of the currency derivative segment.

Press Release No. 2

Clarification by Prime Focus Limited

Substantial increase in trading volumes has been observed in Prime Focus 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.

Prime Focus Limited has vide its letter inter-alia stated, "We would like to inform you that we are not aware of any events, information etc. that have a bearing on volume of the Company shares. Please note that the Company is exploring various possibilities of raising funds through private equity/institutional investment/strategic investment/ listing of foreign subsidiary company/ies and has appointed Merchant bankers for exploring and advising on various alternatives for raising funds. We assure you that as and when anything materializes which has bearing on market prices of the security or otherwise, the same would be intimated to the Stock Exchanges."

Press Release No. 3

News about Kanoria Chemicals & Industries Limited

The media had reports on July 03, 2011 that Kanoria Chemicals & Industries Limited might enter renewable energy business.

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.

Kanoria Chemicals & Industries Limited has vide its letter inter-alia stated, "We would like to confirm that post divestment of our Chloro Chemicals business, the company is contemplating foray into diversified business segments as also expanding our current businesses. The article therefore is correct to the extent of Company's intentions of getting into various businesses as mentioned in the same. However, as these are at very initial stage, the Company is not in a position to confirm and quantify the details of capacities and costs involved."

Press Release No. 4

News about Pantaloon Retail (India) Limited & Future Capital Holdings Limited

The media had reports that Pantaloon Retail (India) Limited may sell its stake in Future Capital Holdings Limited.

Future Capital Holdings Limited has vide its letter inter-alia stated, "We promptly inform shareholders about all price sensitive information relating to the Company, so as to avoid any speculative activity and in this case unless there is a binding contract or a finality to any material information, we would not be in a position to comment or make any public disclosure on the same. We would like to reassure you that we shall make prompt public disclosure to the exchanges as per listing agreement and extant regulations as and when the situation warrants."

Pantaloon Retail (India) Limited has vide its letter inter-alia stated, "Our Company in the normal course of its business considers several business proposals, including for introduction of products, marketing initiatives, also proposals to meet its financial requirement. However, as stated our policy has been not to comment on any report relating to any such proposals unless they are final and binding on the Company. Commenting on such business initiatives at any such preliminary stage would be otherwise wrong. We would like to confirm that as required by law no sooner something firm and binding is reached we shall keep our shareholders informed."

Press Release No. 5

Security listed & admitted to dealings - MAITHANALL

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. July 05, 2011. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

Sr. No.	Symbol	Name of the Company	ISIN Code
1	MAITHANALL	Maithan Alloys Limited	INE683C01011

Press Release No. 6

NSE completes its 2837^th Normal Settlement

The Exchange has successfully completed its 2837^th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2011123 on Jul 04, 2011. The settlement statistics are as follows:

Particulars	Value
	N-2011123
Total traded quantity (lakhs)	6316.71
Total traded value (Rs. In Crores)	11444.38
Total value of the settlement (Securities) (Rs. In Crores)	3630.62
Total value of the settlement (Funds) (Rs. In Crores)	912.00
Shortages for the settlement	0.08%
% of Delivery ( No. of shares deliverable / No. of shares traded )	29.53%

Retail Debt Market has completed its 2110^th settlements, details of which are as follows:

Settlement No.	Traded Value	Settlement Value
		Securities	Funds
D- 2011123	NIL	NIL	NIL