March 05, 2008

 

Press Release No. 01

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Given below are names of corporates, whose securities are suspended / withdrawn from trading on NSE, with highest number of complaints pending against them for a period of more than 2 months as on February 29, 2008.

 

Sr. No.

Name of the Corporate

Number of complaints pending

1

Vatsa Corporations Ltd

80

2

Soundcraft Industries Ltd.

28

3

Pal Peugeot Ltd

12

4

Enkay Texofood Industries Ltd

8

5

Arihant Industries Ltd.

5

6

Patheja Forgings & Auto Parts Manufacturers Ltd

4

7

Eider Infotech Limited

4

8

Cauvery Software Engineering Systems Ltd

3

9

Western Paques (India) Ltd

3

10

Scintilla Software Technology Ltd

2

 

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 February 29, 2008.

 

Sr. No.

Name of Corporate

Number of complaints pending

               1           

Oil & Natural Gas Corpn Ltd

11

 

 

Press Release No. 02

News about PNB Gilts Limited

 

The media had reports that Punjab National Bank may sell 26 percent stake in the company.

 

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 officials of the company.

 

PNB Gilts Ltd. has vide its letter inter-alia stated, "The Company has no information with respect to stake sale by Punjab National Bank."

 

 

Press Release No. 03

News about Ranbaxy Laboratories Limited

 

The media had reports that Ranbaxy Laboratories Ltd may shortly announce a bonus issue.

 

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 officials of the company.

 

Ranbaxy Laboratories Ltd has vide its letter inter-alia stated, "The news item stating that the Company may shortly announce a bonus issue is speculative and incorrect."

 

 

Press Release No. 04

News about SRF Limited

 

The media had reports that SRF Ltd. is making an acquisition in Thailand, for technical textiles specifically for coated fabrics.

 

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 officials of the company.

 

SRF Ltd. has vide its letter inter-alia stated, "The Company is considering various inorganic growth opportunities in its businesses across the globe. However, as of now no conclusive deal has been finalized. Further, we assure that as soon as any deal is finalized, we shall inform the Stock Exchanges immediately."

 

 

Press Release No. 05

NSE completes its 2017th Normal Settlement

 

The Exchange has successfully completed its 2017th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008045 on March 5, 2008. The settlement statistics is as follows:     

 

Particulars
Values

 

N – 2008045

Total traded quantity (lakhs)

4790.46

Total traded value (Rs. In Crores)

12495.30

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

3214.34

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

1082.65

Shortages for the settlement

0.13%

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

23.88%

 

Retail Debt Market have completed its 1291st settlements details of which is as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008045

NIL

NIL

NIL