February 15, 2012

 

Press Release No. 1

News about Max India Limited

 

The media had reports that New York Life Insurance Co may sell its stake in the company's joint venture, Max New York Life Insurance and has also agreed to share one-third of the sale proceeds with the company.

 

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.

 

Max India Limited has vide its letter inter-alia stated, "There is interest shown periodically by potential investors to participate in our future growth. However, there is no firm development to report as of date and thus the commercials published under the Article stand denied."

 

 

Press Release No. 2

NSE completes its 2992nd Normal Settlement

 

The Exchange has successfully completed its 2992nd Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2012030 on Feb 15, 2012. The settlement statistics are as follows:    

 

Particulars

 

 

N-2012030

Total traded quantity (lakhs)

7499.59

Total traded value (Rs. In Crores)

12797.04

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

3281.60

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

923.01

Shortages for the settlement

0.13%

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

24.75%

 

Retail Debt Market has completed its 2265th settlement, details of which are as follows:

 

Settlement No.

Traded Value (Rs.)

Settlement Value (Rs.)

 

 

Securities

Funds

D- 2012030

NIL

NIL

NIL