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August 22, 2014

 

Press Release No. 1

News about Valecha Engineering Limited

 

The media had reports that "Valecha egg in talks with foreign player to sell stake in 3 road projects."

 

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 Valecha Engineering Limited.

 

 

Press Release No. 2

Clarification by Landmark Property Development Company Limited

 

Significant price movement has been observed in Landmark Property Development Company 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.

 

Landmark Property Development Company Limited has vide its letter inter-alia stated," We like to mention that there is no information / announcement (including impending announcement) which in our opinion may have bearing on the price / volume behavior in the scrip."

 

 

Press Release No. 3

News about Hotel Leela Venture Limited

 

The media had reports that "UK's Carnival Group offers Rs 850 crore to buy Leela Chennai."

 

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.

 

Hotel Leela Venture Limited has vide its letter inter-alia stated," The Company / senior management continue to evaluate proposals to raise funds / equity by different available options and has been approached by potential investors. As soon as any discussion reaches a mature stage and binding agreement signed, the stock exchanges will be notified."

 

 

Press Release No. 4

Market-wide Position Limit in IRB

 

The derivative contracts in the underlying IRB have crossed 95% of the market-wide position limit on August 22, 2014. It is hereby informed that all clients/ members shall trade in derivative contracts of IRB by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.