June 07, 2007

 

Press Release no.1

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Given below are names of corporates, whose securities are suspended / withdrawn from trading on NSE, with highest number of complaints pending against them for a period of more than 2 months as on May 31, 2007.

 

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 May 31, 2007.

 

Sr. No.

Name of Corporate

Number of complaints pending

               1           

Oil & Natural Gas Corpn. Limited

12

               2           

 Bhushan Steel Limited

12

 

 

Press Release no.2

Market-wide Position Limit in IFCI

 

The derivative contracts in the underlying IFCI have crossed 95% of the market-wide position limit on June 07, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of IFCI 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 Cipla Limited and Reliance Industries Limited

 

The media had reports that Reliance Industries Ltd may acquire a stake in Cipla Ltd.

 

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 companies.

 

Cipla Ltd. has vide its letter inter-alia stated, "The Company denies the rumour appearing in the news item."

 

Reliance Industries Ltd has vide its letter inter-alia stated,"Reliance Industries Limited ("RIL") does not comment on speculative media reports. RIL keeps on evaluating growth opportunities. RIL shall intimate the Stock Exchange, Shareholders and Media about any domestic or international acquisition."

 

 

Press Release no.4

NSE completes its 1827th Normal Settlement

 

The Exchange has successfully completed its 1827th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007104 on June 7, 2007. The settlement statistics are as follows:     

 

Particulars
Values

           

N – 2007104

Total traded quantity (lakhs)

4157.06

Total traded value (Rs. In Crores)

9163.44

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

2466.15

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

707.39

Shortages for the settlement

0.23%

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

26.70%

 

Retail Debt Market have completed its 1101st settlements details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007104

NIL

NIL

NIL