February 06, 2013

 

Press Release No. 1

News about Panacea Biotec Limited

 

The media had reports that Panacea Biotec Limited and builder Bestech Group will jointly develop a township project in Gurgaon.

 

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.

 

Panacea Biotec Limited has vide its letter inter-alia stated, "We would like to state that the Company's wholly owned subsidiary, Best On Health Ltd. (BOH) has signed a Term Sheet with Bestech expiring on 28th February, 2013. The definitive agreement has yet not been reached. We are evaluating all our options, models and partners. The final call is yet to be taken."

 

 

Press Release No. 2

Market-wide Position Limit in SUZLON

 

The derivative contracts in the underlying SUZLON have crossed 95% of the market-wide position limit on February 06, 2013. It is hereby informed that all clients/ members shall trade in derivative contracts of  SUZLON by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.