November 14, 2014
Press Release No. 1
National Stock
Exchange & SBICAP Securities organised
Investoclave for investor awareness in Indore
India’s leading stock exchange, the National Stock
exchange & SBICAP Securities have together launched the 'Investoclave'', a
unique platform for creating awareness among investors about equities and other
investment avenues, in different cities across India. After the successful
response from Ahmedabad, this time the “Investoclave” was held in Indore on
Friday, the 14th of November.
At the seminar, NSE
educated participants about the
do’s and don’ts of investing, as well as products like exchange traded funds,
currency trading, mutual fund platform and the opportunities the new offer for
sale mechanism provides to retail investors to benefit from the government’s
divestment programme. Mr Alpesh
Porwal, senior VP, SBICAP securities spoke about the
global macroeconomic environment, and the way forward for the Indian markets. He
also made a presentation on investing in equity as an asset class, its pitfalls
and on formulating successful investment strategies while investing in the
market. NSE’s presentation was done by Ms Madhuri Roy, Assistant Manager, National Stock Exchange
India Limited on the investment pattern of successful investors.
Chief Business development at NSE, Mr Ravi
Varanasi said ‘’The NSE SBICAP securities is a very significant partnership
because both can leverage their strengths and tap their large clientele to
educate them in a number of cities, across the country.’’
While addressing participants, NSE officials
discussed the new offer for sale mechanism which is being extensively used by
private companies and the government to divest stake in public sector
companies, because it is cost effective and quicker than a follow on public
offer. Under the new guidelines issued by SEBI, in August this year, ten per
cent of the offer size has to be issued to retail investors and this is a good
opportunity for retail investors to benefit from the offer for sale in the
company or PSU.
NSE officials also educated investors about the
importance of investing for the long term and the advantages of the equity
asset class. Investors were informed about good investment opportunities like
exchange traded funds, which are cost effective and carry diversified risk,
SLBS or stock lending and borrowing scheme, and the currency segment, in which
position limits have recently been liberalised.
NSE and SBICAPS Securities will be conducting the
Investoclave next in the cities of Delhi, Kolkata, Chennai, Hyderabad, Bangalore,
Pune and Chandigarh.
NSE conducts many initiatives to educate investors
in tier two and tier three towns on safe investing and opportunities to grow
their money by investing in the markets. The exchange also conducts many
financial courses in schools, colleges and Universities to make the youth
financially literate and better prepared for jobs in the financial sector.
All the education initiatives have recently been
clubbed under an umbrella called LIFE or Learning Initiatives for Financial
Empowerment. NSE LIFE offers an entire spectrum of financial courses, which are
being taught to school students starting with class 8 to MBA professionals.
Through these initiatives, nearly 42 lakh individuals have been trained on
financial issues and financial markets.
Press Release No. 2
News about GVK
Power & Infrastructure Limited
The media had reports that "GVK to lease out
land near Mumbai Airport worth 450cr".
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.
Reply is awaited from GVK Power & Infrastructure
Limited.
Press Release No. 3
Clarification
by Whirlpool of India Limited
Substantial increase in trading
volumes have been observed in Whirlpool 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.
Whirlpool of India Limited has vide its letter
inter-alia stated, “Apart from the good operating results, the company is not
aware of the reason of this increase in the volume. Further there are no
information / announcement (including pending announcement) which in our
opinion may have a bearing on the operation / performance of the company or on
the price/ volume behaviour in the scrip."
Press Release No. 4
Clarification
by Pioneer Embroideries Limited
Significant price movement has been observed in
Pioneer Embroideries 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.
Pioneer Embroideries Limited has vide its letter
inter-alia stated, "The Company has announced its unaudited results for
the quarter ended 30/09/2014 on November 07, 2014 and these along with note
thereto, are the latest relevant information having bearing on the operation /
performance of the company. The Company has no other relevant information
(including impending announcement) to share with the Stock Exchange, in this
regard."
Press Release No. 5
News about D B
Realty Limited
The media had reports that "DB Realty Signs
Agmt with ABIL for Bandra East MIG Project".
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.
D B Realty Limited has vide its letter inter-alia
stated, "We deny that DB Realty has signed any agreement with ABIL for the
Bandra East MIG Project."