August 12, 2013

 

Press Release No. 1

Clarification about Dredging Corporation of India Limited

 

Significant price movement has been observed in Dredging Corporation of India 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. Dredging Corporation of India Limited has vide its letter inter-alia stated, "There is no information / announcement which in our opinion may have a bearing on the price / volume behaviour in the scrip."

 

 

Press Release No. 2

News about Financial Technologies (India) Limited

 

The media had reports in the article that "Government puts onus of NSEL's settlement process on promoter."

 

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.

 

Financial Technologies (India) Limited has vide its letter inter-alia stated that,

 

"1. As a policy of the Company, we do not wish to comment on rumors which are speculative in nature; hence we refrain from commenting on the said news articles.

 

2. The Company has not received any communication as referred to in the Articles."

 

A copy of the clarification is available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements).