June 12, 2014
Press Release No. 1
News about Ashapura Minechem Limited and Orient
Abrasives Limited
The media had reports that
"Ashapura to Buy Orient Abrasive for Rs 400 cr."
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 companies.
Ashapura Minechem Limited
has vide its letter inter-alia stated, “We hereby place on record that neither
the Company nor it's wholly-owned subsidiary M/s. Bombay Minerals Limited has
any plans to acquire any further stake in Orient Abrasives Limited. This is
entirely the speculation of the media and we have no comments to offer."
Orient Abrasives Limited
has vide its letter inter-alia stated, “We hereby would like to bring to your
kind attention that there is no truth in the matter."
Press Release No. 2
Clarification by Plethico Pharmaceuticals Limited
Significant price movement
has been observed in Plethico Pharmaceuticals Limited.
The Exchange, in order to
ensure that investors have latest relevant information about the company and to
inform the market place so that the interest of the investors is safeguarded,
had written to the company.
Plethico Pharmaceuticals
Limited has vide its letter inter-alia stated, “There is no event/information
that have to be announced to the exchanges which may have any bearing on the
operations/performance of the Company."
Press Release No. 3
Market-wide Position Limit
in L&TFH
The
derivative contracts in the underlying L&TFH have crossed 95% of the
market-wide position limit on June 12, 2014. It is hereby informed that all
clients/ members shall trade in derivative contracts of L&TFH by offsetting
their existing positions till the open interest comes down to 80% of the market
wide position limit.