August 08, 2007
Press Release no.1
Proposed
suspension of securities
The equity
shares of the following companies will be suspended from trading w.e.f August
17, 2007 (i.e. closing hours of trading on August 16, 2007) until further notice on the Capital Market
Segment of the National Stock Exchange of India Limited for non- compliance
with certain provisions of the Listing Agreement.
·
PHIL Corporation
Ltd
·
Pasupati Fabrics
Limited
Notice was
sent to the above companies seeking reasons for non- compliance with certain
provisions of the listing agreement. The companies have failed to provide a
satisfactory response to said notice of the Exchange. In view of this, the
Exchange has decided to suspend trading in the equity shares of said companies
w.e.f August 17, 2007 (i.e. closing hours of trading on August 16, 2007) till
further notice.
Press Release no.2
Market-wide Position
Limit in IFCI & NAGARFERT
The
derivative contracts in the underlying IFCI & NAGARFERT have crossed 95% of
the market-wide position limit on August 08, 2007. It is hereby informed that
all clients/ members shall trade in derivative contracts of IFCI & NAGARFERT 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 Prism Cements Limited
The media had reports on August 7, 2007 that Prism
Cements Ltd may induct a strategic investor in the company.
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.
Prism Cements Ltd. vide its letter inter-alia
stated, "We wish to confirm that the news item which appeared in the media
is baseless and incorrect."
Press Release no.4
News
about Gokaldas Exports Limited
The media had reports that Blackstone group, a
global private equity fund may buy 10-15 percent stake in Gokaldas Exports
Limited for $100 million.
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.
Gokaldas Exports Limited has vide its letter
inter-alia stated, "We wish to inform that these are market speculative
news / articles. Further, we also wish to state that we are strictly adhering
to the disclosure norms of corporate governance and any material information
will be first intimated to the stock exchange before it is made to the
public."
Press Release no.5
NSE completes its 1871st
Normal Settlement
The Exchange has successfully
completed its 1871st Normal Settlements (Rolling T+2 following SEBI
directive) since inception i.e., Settlement Number N – 2007148 on August 8,
2007. The settlement statistics is as follows:
Particulars
|
Values
|
|
|
N – 2007148
|
|
Total traded quantity (lakhs) |
4009.69 |
|
Total traded value (Rs. In Crores) |
8913.58 |
|
Total value of the settlement (Securities) (Rs. In Crores) |
2553.36 |
|
Total value of the settlement (Funds) (Rs. In Crores) |
1242.65 |
Shortages for the settlement
|
0.23% |
|
% of Delivery ( No. of
shares deliverable / No. of shares traded ) |
22.98% |
Retail Debt Market have completed its 1145th
settlements details of which is as follows:
|
Settlement No. |
Traded Value |
Settlement Value |
|
|
|
|
Securities |
Funds |
|
D- 2007148 |
NIL |
NIL |
NIL |