February 25, 2014
Press Release No. 1
News
about Pfizer Limited
The media had reports that
"Pfizer Stock Gains Over 20% on Stake Recast Plans".
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.
Pfizer Limited has vide its
letter inter-alia stated,"The news article is speculative and was not
authorized by, or attributable to any statements made by or on behalf of,
Pfizer Limited. For instance, the article mentions unsubstantiated market
rumours of a possible delisting of Pfizer Limited. Pfizer Limited is not aware
of any discussions or proposals by its promoters to delist the company's shares
from Indian markets. As regards the transfer of shares of Pfizer Limited, such
transaction is being undertaken directly between shareholders of Pfizer Limited
and to which, Pfizer Limited was not a transacting party. Pfizer Limited
understands that fillings have been made by the acquiring entity i.e. Pfizer
East India B.V., Netherlands, under applicable provisions of the SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011. We
understand that such transfers are being undertaken as part of the global
internal corporate restructuring plan of the Pfizer Group, as reported by us
previously. We do not believe that the present transfers have bearing on the
stock price of Pfizer Limited, given especially that ultimate control of Pfizer
Limited remains unchanged."
Press Release No. 2
Market-wide
Position Limit in AUROPHARMA
The derivative
contracts in the underlying AUROPHARMA have crossed 95% of the market-wide
position limit on Feb 25, 2014. It is hereby informed that all clients/ members
shall trade in derivative contracts of AUROPHARMA by offsetting their existing
positions till the open interest comes down to 80% of the market wide position
limit.