October 13, 2011
Press Release No. 1
News about Zenith Infotech Limited
The media had reports that Zenith Infotech Limited
has defaulted on its FCCB payments.
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.
Zenith Infotech Limited has vide its letter
inter-alia stated, “The company has defaulted on its US$ 33 mn FCCB which was
due on 21st September 2011 and the company was and in negotiations with the
bondholders to extend the time for repayment. We have received monies due from
Zenith RMM, LLC expect for the amount to be held in escrow, part of which the
company plans to utilize for partial repayment of FCCBs."
Press Release No. 2
News about Ashoka Buildcon Limited
The media had reports that Ashoka Buildcon Limited
may dilute stake in its arm.
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.
Ashoka Buildcon Limited has vide its letter
inter-alia stated, “We would like to clarify that we have mandated E&Y
India to advice us to raise approx. USD 150 Millions for part equity funding of
7 BOT Road projects at a Road Holding Company Level. This company has been
incorporated and is a subsidiary of Ashoka Buildcon Ltd. We are in discussions
with various potential investors comprising of Private Equity funds as well as
Strategic Investors. We have as of date not signed any term sheet with any
investor and the process is underway."
Press Release No. 3
NSE completes its 2907th
Normal Settlement
The Exchange has successfully completed its 2907th Normal
Settlement (Rolling T+2 following SEBI directive) since inception i.e.,
Settlement Number N – 2011193 on Oct 13, 2011. The settlement statistics are as
follows:
|
Particulars |
|
|
|
N-2011193 |
|
Total traded quantity (lakhs) |
6345.04 |
|
Total traded value (Rs. In Crores) |
11458.67 |
|
Total value of the settlement (Securities) (Rs. In Crores) |
3400.05 |
|
Total value of the settlement (Funds) (Rs. In Crores) |
1196.81 |
|
Shortages for the settlement |
0.09% |
|
% of Delivery ( No. of shares
deliverable / No. of shares traded ) |
29.18% |
Retail Debt Market has completed
its 2180th settlements, details of which are as follows:
|
Settlement No. |
Traded Value |
Settlement Value |
|
|
|
|
Securities |
Funds |
|
D- 2011193 |
NIL |
NIL |
NIL |