November 21, 2012

Press Release No. 1

News about D B Realty Limited

The media had reports that Bharti Group's realty arm is in talks with D B Realty Limited's hospitality arm to buy stake in SPV.

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 would like to state that DB Hospitality Pvt. Ltd (DBHPL), in which the company is holding a stake, proposes to develop a plot at the Delhi international Airport's new hospitality district through one of its subsidiary SPV. We wish to clarify that in order to develop the said project, DBHPL has been exploring various options of raising funds including dilution of stake in the said SPV and for the purpose talks have been going on with various parties and the same shall be intimated as and when the deal is finalized.

As regards the report that the company has been trying to sell some of its other assets as well, including 170 room Hilton Hotel Property near Mumbai Airport and a new 314 rooms Grand Hyatt property in Goa, we categorically deny the said news report and the same cannot be relied upon. We also wish to clarify that both Hilton Hotel (Mumbai) and Grand Hyatt (Goa) are being operated through the subsidiaries of DBHPL".

Press Release No. 2

Market-wide Position Limit in PANTALOONR

The derivative contracts in the underlying PANTALOONR have crossed 95% of the market-wide position limit on November 21, 2012. It is hereby informed that all clients/ members shall trade in derivative contracts of PANTALOONR by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.