April 12, 2007
Press Release no.1
NSE completes its 1789th
Normal Settlement
The Exchange has successfully
completed its 1789th Normal Settlements (Rolling T+2 following SEBI
directive) since inception i.e., Settlement Number N – 2007066 on April 12, 2007.
The settlement statistics are as follows:
Particulars
|
Values
|
|
N – 2007066
|
Total traded quantity (lakhs) |
3912.34 |
Total traded value (Rs. In Crores) |
8368.28 |
Total value of the settlement (Securities) (Rs. In Crores) |
2072.20 |
Total value of the settlement (Funds) (Rs. In Crores) |
700.12 |
Shortages for the settlement
|
0.25% |
% of Delivery ( No. of
shares deliverable / No. of shares traded ) |
23.45% |
Retail Debt Market have completed its 1063rd
settlements details of which are as follows:
Settlement No. |
Traded Value |
Settlement Value |
|
|
|
Securities |
Funds |
D- 2007066 |
NIL |
NIL |
NIL |
Press Release no.2
News about Sical Logistics Limited
and Ruchi Soya Industries Limited
The media had reports that Sical Logistics Limited
may sell it's Palm oil Business to Ruchi Soya Industries.
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.
Sical Logistics Limited has vide its letter
inter-alia stated,"A 100% subsidiary of Sical Logistics limited under the
name Mac Oil Palm Limited was incorporated on 10th February, 2006 for
transferring the palm oil business. To unlock the real value in the Palm Oil
Business, it was decided by the company to de-merge the same into Mac Palm Oil
Ltd. The company obtained No objection from the Stock Exchange for the Scheme
of Arrangement (De-merger) dated 21st July, 2006 to de-merge the Palm Oil
Business before filing the company application and petitions with the Hon'ble
High Court of Madras. Subsequently, the Hon'ble High Court of Madras vide its
Order dated 12th January 2007 sanctioned the Scheme of Arrangement (De-merger)
between Sical logistics Limited and Mac Oil Palm Limited after its shareholders
approved the Scheme of de-merger. The Scheme became effective on 15th February
2007, when the same was filed with the ROC. The company has concluded the
transaction today on the sale of its share in Mac Oil Palm Limited to the Ruchi
Group."
Reply is awaited from Ruchi Soya Industries Ltd.