May 23, 2014

Press Release No. 1

Market-wide Position Limit in HDIL

The derivative contracts in the underlying HDIL have crossed 95% of the market-wide position limit on May 23, 2014. It is hereby informed that all clients/ members shall trade in derivative contracts of HDIL by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

Press Release No. 2

Clarification by Neo Corp International Limited

Significant price movement has been observed in Neo Corp International 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.

Neo Corp International Limited has vide its letter inter-alia stated,"There is no internal price sensitive information/announcement which has not been communicated to the Exchange by the Company. Any variation in share price is market driven and therefore, the Company is not aware of any specific reasons for such variation."

Press Release No. 3

News about Deepak Nitrite Limited

The media had reports that "Deepak Nitrite plans rights issue to fund expansion, pare debt."

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.

Deepak Nitrite Limited has vide its letter inter-alia stated,"Deepak Nitrite Limited has made no plans to issue rights to fund expansion or to pare debt and, hence, no negotiations are being carried out. We confirm that the company has not released any specific information pertaining to the news item and there have been no inputs/ sources from the company to the said news item."

Press Release No. 4

News about Shree Renuka Sugars Limited

The media had reports that "NSE to Buy 5% of Renuka Sugars Stake in NCDEX."

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.

Shree Renuka Sugars Limited has vide its letter inter-alia stated,"The proposed sale was subject to necessary approvals of FMC and NCDEX Board which we received subsequently. We would thereby like to inform you that the Company has completed the aforesaid transactions on 22nd May, 2014 with regard to sale of 38,02,300 equity shares of NCDEX, representing 7.5% of paid-up capital of NCDEX for a total sale consideration aggregating to Rs. 66.54 Crores. Subsequent to the said transaction, the Company's stake stands reduced from 12.5% to 5% in NCDEX."

Press Release No. 5

News about Reliance Communications Limited

The media had reports that "RCOM may Sell 50% in Undersea Cable Biz to HK's Citic."

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.

Reliance Communications Limited has vide its letter inter-alia stated, “The Company is engaged in various discussions with international players for strategic partnerships in relation to its Global business. As and when these discussions result in a disclosable event, we will promptly inform the Stock Exchanges as required in law."