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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."