April 23, 2008

Press Release no.1

NSE completes its 2047^th Normal Settlement

The Exchange has successfully completed its 2047^th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008075 on April 23, 2008. The settlement statistics is as follows:

Particulars	Values
	N – 2008075
Total traded quantity (lakhs)	6351.54
Total traded value (Rs. In Crores)	13419.71
Total value of the settlement (Securities) (Rs. In Crores)	3408.53
Total value of the settlement (Funds) (Rs. In Crores)	576.63
Shortages for the settlement	0.26%
% of Delivery ( No. of shares deliverable / No. of shares traded )	23.57%

Retail Debt Market have completed its 1321^st settlements details of which is as follows:

Settlement No.	Traded Value	Settlement Value
		Securities	Funds
D- 2008075	NIL	NIL	NIL

Press Release no.2

News about Indiabulls Real Estate Limited

The media had reports that Indiabulls Real Estate Limited has acquired PAL-Peugeot's 134 acres of land in Dombivili for Rs. 676 crore.

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.

Indiabulls Real Estate Limited has vide its letter inter-alia stated, "The Company has submitted its bid through its subsidiary, Citra Developers Limited, in respect of auction held by Court Receiver, High Court, Bombay, for land of Pal Peugeot Limited (in liquidation) situated at Dombivli. The said auction was conducted on April 22, 2008. The award of this bid and execution of definitive documents in respect of the same is subject to confirmation by the High Court of Bombay. There is presently no indication as to timing and manner in which the High Court order will be received. "