March 23, 2007

 

Press Release no.1

Security listed and admitted to dealings - BAJAUTOFIN

 

The following securities of Bajaj Auto Finance Ltd. shall be listed and admitted to dealings on the Exchange w.e.f. March 26, 2007. Trading shall be in the Normal Market Segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Security Name

Series

ISIN Code

1

BAJAUTOFIN

6% Non-Convertible Debentures

N1

INE296A07039

 

 

Press Release no.2

News about Cambridge Solutions Limited and HCL Technologies Limited

 

The media had reports that HCL Technologies Limited may acquire around 42% stake in Cambridge Solutions Limited.

 

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 companies.

 

Cambridge Solutions Limited has vide its letter inter-alia stated, "The company is not aware of any such development and it has not been informed of any such intent by Scandent Group, its majority shareholder."

 

HCL Technologies Limited has vide its letter inter-alia stated, "The Company (HCL) is looking at acquisition targets as continuous process in line with its growth strategy. HCL at any point of time would be evaluating quite a few inorganic opportunities. These targets are at various stages of evaluation. Any acquisition would be driven by either the need to fill in the capability gap in the software side, or to acquire a company in value BPO space provided that there is a potential to offshore. However, in none of the targets we have reached a stage where we have concluded either to acquire or not to acquire, or reached any binding agreement with the potential target. We wish to place on record that our Company, in line with its stated policy, does not comment on speculative reports or conjectures."

 

 

Press Release no.3

News about Videsh Sanchar Nigam Limited

 

The media had reports that Videsh Sanchar Nigam Limited may sell the surplus 773 acres through an open market sale and raise up to 10,000 crores.

 

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.

 

Videsh Sanchar Nigam Limited has vide its letter inter-alia stated, "In this regard, it is hereby informed that VSNL is not aware of any such decision of neither the Government of India nor the Strategic Partner".

 

 

Press Release no.4

NSE completes its 1777th Normal Settlement

 

The Exchange has successfully completed its 1777th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007054 on March 23, 2007. The settlement statistics are as follows:

 

Particulars
Values

           

N – 2007054

Total traded quantity (lakhs)

2719.72

Total traded value (Rs. In Crores)

5799.23

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

1759.99

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

513.39

Shortages for the settlement

0.23%

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

26.82%

 

Retail Debt Market has completed its 1051st settlement details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007054

NIL

NIL

NIL