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.