September 08, 2011

 

Press Release No. 1

News about Madhucon Projects Limited

 

The media had reports that Inter-Continental Hotels group has signed contracts with Madhucon Projects Limited's subsidiary Nama Hotels Private Limited.

 

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.

 

Madhucon Projects Limited has vide its letter inter-alia stated, "We inform that the said news item was not released by Madhucon Projects Limited. However, we wish to clarify that Nama Hotels Private Limited is a subsidiary of Madhucon Projects limited which is a listed company, is developing two hotel projects in Hyderabad. The Company has entered into an agreement with Inter- Continental Hotel Group- World's largest Hotel Management Company to manage the hotels. The construction work is in progress and both hotels are expected to commence Commercial operations by 2013."

 

 

Press Release No. 2

NSE completes its 2883rd Normal Settlement

 

The Exchange has successfully completed its 2883rd Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2011169 on Sep 08, 2011. The settlement statistics are as follows:    

 

Particulars
Value

 

N-2011169

Total traded quantity (lakhs)

7120.55

Total traded value (Rs. In Crores)

12881.46

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

3291.76

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

1485.03

Shortages for the settlement

0.07%

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

25.30%


 

Retail Debt Market has completed its 2156th settlements, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2011169

NIL

NIL

NIL