February 06, 2007

 

Press Release no.1

Revocation of suspension of Shilpa Shares and Securities

 

The National Stock Exchange of India Limited has revoked the suspension of Shilpa Shares and Securities, with effect from February 05, 2007 as the member has fulfilled the capital adequacy requirements for continued admittance to trading membership of the Exchange.

 

Consequent upon revocation of suspension of Shilpa Shares and Securities by National Stock Exchange of India Limited with effect from February 05, 2007, National Securities Clearing Corporation Ltd. has also revoked the suspension of Shilpa Shares and Securities with effect from February 05, 2007.

 

 

Press Release no.2

Market-wide Position Limit in CENTURYTEX, NAGARFERT & JPHYDRO

 

The derivative contracts in the underlying CENTURYTEX, NAGARFERT & JPHYDRO have crossed 95% of the market-wide position limit on February 06, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of CENTURYTEX, NAGARFERT & JPHYDRO by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 

 

Press Release no.3

News about DS Kulkarni Developers Limited

 

The media had reports on February 05, 2007 that DS Kulkarni Developers Ltd. may dilute its 16% stake in Noida subsidiary company for about Rs 300-350 cr.

 

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.

 

DS Kulkarni Developers Ltd.  has vide its letter inter-alia stated, "We are denying the news item and the contents of the news item. It is true that we will be forming a Company in Noida to carry out the same activity as ours and will eventually be a subsidiary (Noida Company) of our Company in near future. The subsidiary is looking to finance the project through its own contribution, private equity and debt but we have not yet discussed it with any of the real estate venture funds whose names appeared in the media and we are in discussion with some private equity players. The holding of DSK Group will be 76% stake and 24% stake will be held by local Noida based developer in the Noida Company, so that the holding stake will be with the DSK Group. The project will start in the calendar year 2007 end or in 2008 and not in the Financial Year 2007 end as stated in the media. All these projects will depend on registrations and licenses to be received from the Uttar Pradesh Housing Development Board for which applications are in process. It is totally wrong and we deny these facts that D S Kulkarni is looking to dilute 16% stake in Noida subsidiary Company and looking to raise up to Rs. 300 - 350 crores from stake sale. The investors will be informed transparently when everything will be finalized in this respect as the talks and negotiations are going on."

 

 

Press Release no.4

News about The Dhanalakshmi Bank Limited

 

The media had reports that The Dhanalakshmi Bank Ltd. is planning to privately place its equity shares as a part of its capital raising plans. Further, the bank is also planning for a follow-on-public 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.

 

The Dhanalakshmi Bank Ltd. has vide its letter inter-alia stated, "We clarify that the fund raising plans mentioned in the media are only the various options being considered by the Bank to increase the capital in terms of RBI guidelines. We shall intimate the Stock Exchange as and when a final decision is taken on the matter."

 

 

Press Release no.5

News about Himachal Futuristic Communication Limited

 

The media had reports that Himachal Futuristic Communication Ltd is planning to sell its 11 acres of land in Chennai.

 

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.

 

Himachal Futuristic Communication Ltd has vide its letter inter-alia stated, "We would like to inform you that M/s HTL Ltd. a subsidiary of Himachal Futuristic Communications Ltd. (HFCL) in which Company is holding 74% Equity Capital, has appointed M/s Jones Lang La Salle (JLL) as Marketing Agent to sell 11 acres land owned by M/s HTL Limited. We would further like to inform you that sale of above land will be made through auction for which HTL Limited has invited online bidding. Final Results of the bids is expected to be made in the last week of February 2007. We would also like to clarify that the reserve price of the land is Rs. 20 Crores per acre, not Rs. 15 Crores per acre as reported in the media."

 

 

Press Release no.6

NSE completes its 1745th Normal Settlement

 

The Exchange has successfully completed its 1745th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007022 on February 06, 2007. The settlement statistics are as follows:

           

Particulars
Values

           

N – 2007022

Total traded quantity (lakhs)

4488.69

Total traded value (Rs. In Crores)

10194.08

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

3302.51

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

779.65

Shortages for the settlement

0.31%

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

30.16%

 

Retail Debt Market has completed its 1019th settlement details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007022

NIL

NIL

NIL