November 05, 2012

Press Release No. 1

News about Cinemax India Limited, INOX Leisure Limited and PVR Limited

The media had reports that INOX Leisure Limited or PVR Limited is looking forward to buy stake in Cinemax India Limited.

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 companies.

Cinemax India Limited has vide its letter inter-alia stated, "We hereby confirm that, Cinemax India Limited is not aware of any stake sale/takeover to/by any other multiplex chain. We have also checked with the Promoters of Cinemax India Limited and have been informed that there is no transaction that has been executed in relation to stake sale."

INOX Leisure Limited has vide its letter inter-alia stated, "We wish to inform you that Inox Leisure Limited has not executed any agreement for the acquisition of shares of Cinemax India Limited. We would also wish to mention that Inox Leisure Limited is not in any active discussions with the promoters of Cinemax India Limited for such acquisition, as at present.

Inox Leisure Limited keeps exploring acquisition and / or expansion opportunities continuously, and will intimate the Exchange if any opportunity fructifies, in accordance with law".

PVR Limited has vide its letter inter-alia stated, "PVR is in the expansion mode organically and keeps on looking for inorganic growth as well. Further, PVR has not executed any agreement for the acquisition of Cinemax India Limited".

Press Release No. 2

Market-wide Position Limit in MCDOWELL-N

The derivative contracts in the underlying MCDOWELL-N have crossed 95% of the market-wide position limit on November 05, 2012. It is hereby informed that all clients/ members shall trade in derivative contracts of MCDOWELL-N by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.