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 |