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                                                                                     March 24, 2015

 

Press Release No. 1

News about Tilaknagar Industries Limited

 

The media had reports that "S Africa Firm in talks to buy Tilaknagar brands".

 

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.

 

Tilaknagar Industries Limited has vide its letter inter-alia stated, “We are unable to comment on market speculation and wish to clarify that given the nature of TI's business, sector dynamics and to make business progress, the Company at several time points is exploring various types of business associations, tie-ups, relationships etc. across players in the domestic and international markets, which may or may not fructify."

 

 

Press Release No. 2

News about Tech Mahindra Limited

 

The media had reports that  " TechM, HCL eye $350m stake in Geometric ".

 

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.

 

Tech Mahindra Limited has vide its letter inter-alia stated, “No such negotiation took place."

 

 

Press Release No. 3

News about Monnet Ispat and Energy Limited

 

The media had reports that “Adani, JSW vie for Monnet Power”

 

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.

 

Monnet Ispat and Energy Limited has vide its letter inter-alia stated," We would like to inform you that Company is at preliminary stage of discussion with few buyers to explore sale of its part stake in Monnet Power Company Limited. However, the discussions are at intial stage and the deal if fractified is subject to the due diligence and agreement on the commercial and other terms and conditions. Hence, there is no material develop to warrant disclosure at this stage."

 

 

Press Release No. 4

News about HCL Technologies Limited

 

The media had reports that “TechM, HCL eye $350m stake in Geometric ".

 

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 HCL Technologies Limited

 

 

Press Release No. 5

News about Geometric Limited

 

The media had reports that “TechM, HCL eye $350m stake in Geometric ".

 

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.

 

A copy of the clarification from Geometric Limited is available on the NSE website (http://www.nseindia.com) under (Corporates > Corporate Information > Announcements).

 

 

Press Release No. 6

Market-wide Position Limit in UNITECH

 

The derivative contracts in the underlying UNITECH have crossed 95% of the market-wide position limit on March 24, 2015. It is hereby informed that all clients/ members shall trade in derivative contracts of UNITECH by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.