October 09, 2012

 

Press Release No. 1

News about UFLEX Limited

 

The media had reports that UFLEX Limited is looking at major acquisition in US and European markets.

 

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.

 

UFLEX Limited has vide its letter inter-alia stated, "We would like to mention that in order to grow, the Company has been setting up expansions both in India and overseas and also looks for new business opportunities. As of now, please note that there is no 'price sensitive' public information for which announcement is required to be made."

 

 

Press Release No. 2

News about JM Financial Limited

 

The media had reports that Goldman Sachs is in talks to buy stake in JM Financial 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.

 

JM Financial Limited has vide its letter inter-alia stated, "We wish to inform you that we are not involved in any kind of discussion with Goldman Sachs for sale of stake in the company. The said news reports appear to be speculative".

 

 

Press Release No. 3

Market-wide Position Limit in HDIL

 

The derivative contracts in the underlying HDIL have crossed 95% of the market-wide position limit on October 09, 2012. It is hereby informed that all clients/ members shall trade in derivative contracts of HDIL by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.