October 14, 2011

 

Press Release No. 1

NSE gets SEBI approval for SME platform

 

The National Stock Exchange today received formal approval from SEBI to set up a new SME platform.

 

NSE has been in touch with leading SME financing institutions, rating agencies, venture firms and a large number of SME entrepreneurs to successfully bring them together on NSE’s new SME platform.

 

MD & CEO of NSE, Mr. Ravi Narain said “We are committed to provide a credible and efficient market place for young & growing enterprises to raise capital from informed investors”.

 

The convergence of various stakeholders and market participants is important for the success of the platform and NSE has been working intensively to make this possible.

 

This platform will not only make capital available to large number of companies but will also act as a catalyst for venture capital in the country as, it will provide exit opportunities to early stage risk investors.

 

 

Press Release No. 2

News about UltraTech Cement Limited and Century Textiles & Industries Limited

 

The media had reports that Century Textile's cement business may merge with UltraTech Cement Limited

 

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.

 

UltraTech Cement Limited has vide its letter inter-alia stated, "The Company has not issued any Press Release on the subject. The news item is purely based on market speculation and the Company does not comment on the same. "

 

Century Textiles & Industries Limited has vide its letter inter-alia stated, “The news item is not correct and as of now, there is no such proposal."

 


Press Release No. 3

News about IVRCL Assets & Holdings Limited

 

The media had reports that IVRCL Assets & Holdings Limited may sell a majority stake in its operational projects in Tamilnadu.

 

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.

 

IVRCL Assets & Holdings Limited has vide its letter inter-alia stated, "We are continuously looking at divesting in our assets. The same has been in the public domain. If any transaction consummates, we will keep the investors informed through the Exchanges."

 

 

Press Release No. 4

Clarification about Venky's (India) Limited

 

Substantial increase in trading volumes has been observed in Venky's (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.

 

Venky's (India) Limited has vide its letter inter-alia stated, "The Company does not have any information/ announcement (including pending announcement), which may have bearing on the price behavior and volume of transactions of the scrip."

 

 

Press Release No. 5

Security listed and admitted to dealings - ONELIFECAP

 

The equity shares of the following Company shall be listed and admitted to dealings on the Exchange w.e.f. October 17, 2011. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

ONELIFECAP

Onelife Capital Advisors Limited

INE912L01015

 


Press Release No. 6

NSE completes its 2908th Normal Settlement

 

The Exchange has successfully completed its 2908th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2011194 on Oct 14, 2011. The settlement statistics are as follows:    

 

Particulars

Value

 

N-2011194

Total traded quantity (lakhs)

5632.25

Total traded value (Rs. In Crores)

12106.32

Total value of the settlement (Securities) (Rs. In Crores)

3088.34

Total value of the settlement (Funds) (Rs. In Crores)

1114.92

Shortages for the settlement

0.11%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

29.50%

 

Retail Debt Market has completed its 2181st settlements, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2011194

NIL

NIL

NIL