October 04, 2012

Press Release No. 1

Clarification by Advanta India Limited

Substantial increases in trading volumes have been observed in Advanta India 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.

Advanta India Limited has vide its letter inter-alia stated, " As of date we do not have any undisclosed price sensitive information having bearing on the operation and performance of the Company that may impact the price / volume behavior in the scrip".

Press Release No. 2

Clarification by Indbank Merchant Banking Services Limited

Significant price movement has been observed in Indbank Merchant Banking Services 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.

Indbank Merchant Banking Services Limited has vide its letter inter-alia stated, " We wish to inform you that there is no information / announcement (including impending announcement) which in our opinion are likely to have bearing in the price / volume behavior in our scrip".