September 12, 2012

 

Press Release No. 1

NSE provides major benefit to cash market trading members

 

NSE has over a period reduced trading costs including transaction charges, connectivity costs, benefits to members trading from rural and semi urban areas etc.

Just as in the case of rural VSATs etc. where adjustments have been made against transaction charges, the Exchange has decided to give benefit of annual subscription charges in the capital market segment. Members will be able to set off this annual subscription charge of Rs.1 lac per annum against their transaction charges. That is, annual subscription charges are no longer a fixed overhead. This will give an immediate relief to over 1,400 trading members in the capital market segment of the Exchange.

In the F&O segment, advance transaction charges are currently being offset against transactions charges of the current year. Whatever is not utilized can be carried forward till they utilize the same.    

Exchange has been continuously providing state of the art technology and best of services at an optimal cost. In 1996, when the cash segment was introduced it was Rs. 10/- for a lakh of trade for any traded value , in 2000,  it was brought down to Rs. 4/- for traded value above 800 crores and Rs. 7/- for traded value upto 200 crores. It was further brought down in 2005 to Rs. 3.50 per lakh of trade for any traded value and then again in 2009, it was brought down to Rs. 3.25 for a lakh of trade for traded value upto the first 1250 crores and Rs. 3/- for traded value above 15,000 crores

 

In futures and options too, the transaction charges have been brought down several times.  In July 2001, for both futures and options fees was levied (after an initial waiver in 2000) at Rs. 2/- for a lakh of trade.

 

In 2005, charges on options began to be levied on just the premium and not the traded value. In 2009, on futures fees was brought down to Rs 1.90 per lakh for traded value upto the first 2500 crores and Rs 1.75 for traded value above 15,000 crores.

 

 

Press Release No. 2

Clarification by Muthoot Finance Limited

 

Substantial increase in trading volumes has been observed in Muthoot Finance 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.

 

Muthoot Finance Limited has vide its letter inter-alia stated, "We would like to apprise that the company has regularly informing the Stock Exchange all information having bearing on the operation/performance of the company as well as all price sensitive information. Apart from the information regarding the NCD public issue, at present the company does not have any other price sensitive information pending to be disclosed to the Exchange. We would like to once again assert that the Company will continue to disclose all price sensitive information as and when it may arise in compliance with the provision of clause 36 of the listing agreement entered into with the Exchanges."

 

 

Press Release No. 3

Clarification by Action Construction Equipment Limited

 

Significant price movement has been observed in Action Construction Equipment 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.

 

Action Construction Equipment Limited has vide its letter inter-alia stated, "We hereby confirm that there is no such extraordinary event including impeding announcement which has a bearing on the operations / performance of the company including any price sensitive information."

 

 

Press Release No. 4

Clarification by CMC Limited

 

Substantial increase in trading volumes has been observed in CMC 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.

 

CMC Limited has vide its letter inter-alia stated, “We wish to submit that no material event requiring initimation to Stock Exchanges as per clause 36 of the Listing Agreement has happened."

 

Press Release No. 5

Recommencement of trading pursuant to Scheme of Arrangement and Amalgamation – MORARJEE

 

The trading in equity shares of Morarjee Textiles Limited shall be recommenced on the Exchange pursuant to Composite Scheme of Arrangement and Amalgamation w.e.f. September 14, 2012.

 

Sr. No.

Symbol

Series

Name of the Company

ISIN Code

1

MORARJEE

BE*

Morarjee Textiles Limited

INE161G01027

 

 

 

 

 

*Currently the securities shall be available for trading in Series 'BE' and subsequently be shifted to Series 'EQ' as per SEBI circular no. SEBI/Cir/ISD/1/2010 dated September 2, 2010