December 19, 2007

Press Release no.1

Market-wide Position Limit in ADLABSFILM & TRIVENI

 

The derivative contracts in the underlying ADLABSFILM & TRIVENI have crossed 95% of the market-wide position limit on December 19, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of  ADLABSFILM & TRIVENI  by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 

Press Release no.2

News about Rashtriya Chemicals And Fertilizers Ltd

 

The media had reports that Rashtriya Chemicals And Fertilizers Ltd. may develop a commercial complex over about 200,000 sq ft on the surplus land that it owns in and around Mumbai.

 

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 officials of the company.

 

Rashtriya Chemicals And Fertilizers Ltd. has vide its letter inter-alia stated, "The Company is planning construction of a building approximately of 2 lac sq.feet next to the existing corporate office. However, this building is for captive use, as the Company is envisaging expansions and likely to incorporate JVCs connected with its existing line of business such as for DAP project, Rapidwall project etc. The Company is not developing any commercial complex to be sold to the third parties. Further, the Company has not identified any surplus land and does not have any plans for developing real estate etc. The news article has wrongly interpreted that the building which is meant to meet our requirements of office space, is projected as being constructed for developing commercial property."

 

Press Release no.3

News about Ispat Industries Limited

 

The media had reports that Ispat Industries Limited may develop a residential project in a prime locale in South Mumbai.

 

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 officials of the company.

 

Ispat Industries Limited has vide its letter inter-alia stated, "Necessary disclosures in relation to the aforesaid property have been made in the Annual report of our Company for the financial year ended 31st March, 2007. Extracts from the said notes are reproduced hereunder :- Landed property as indicated in Schedule 10 is under commercial development for which the Company has entered into an agreement on a 'principal to principal' basis and property development rights therein have been transferred to a developer. As per the agreement, the developer shall construct the building on such land at its own costs and fifty percent share of the constructed property will belong to the Company in lieu of land cost. Further, our Company does not comment on or respond to unsubstantiated market rumours."

Press Release no.4

News about Power Grid Corporation of India Limited

 

The media had reports that Power Grid Corporation of India Limited is in talks with Zee Network Ltd for a joint venture towards its foray into entertainment business.

 

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 officials of the company.

 

Power Grid Corporation of India Limited has vide its letter inter-alia stated,"In this connection, we wish to intimate that the Company is not in talks with Zee Network Ltd for a joint venture towards a foray into entertainment business and the news appeared in the daily has not been published by the Company."

 

Press Release no.5

NSE completes its 1964th Normal Settlement

 

The Exchange has successfully completed its 1964th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007241 on December 19, 2007. The settlement statistics is as follows: 

Particulars
Values

 

N – 2007241

Total traded quantity (lakhs)

9586.11

Total traded value (Rs. In Crores)

20025.23

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

5671.51

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

2038.86

Shortages for the settlement

0.24%

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

24.53%

 

Retail Debt Market have completed its 1238th  settlements details of which is as follows:

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007241

NIL

NIL

NIL