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July 25, 2014

 

Press Release No. 1

News about New Delhi Television Limited

 

The media had reports that “NDTV shares spurt 20 % over takeover buzz.".

 

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.

 

New Delhi Television Limited has vide its letter inter-alia stated," As a part of its continuing business strategy to look for growth opportunities, the Company is constantly on the lookout for and in discussions with potential partners in various capacities to further its business. The Company is not aware of any negotiations or transactions that require disclosure under Clause 36 of the Listing Agreement."

 

 

Press Release No. 2

News about Jindal Steel & Power Limited

 

The media had reports that “Jindal Power seeks to sell entire stake in Arunachal hydro project.".

 

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.

 

Jindal Steel & Power Limited has vide its letter inter-alia stated, “Jindal Power Limited (JPL), a subsidiary company has informed the Company that the Board of Directors of JPL had, in its meeting held on 28.04.2014, given in-principle approval for sale of its entire share in Kamala Hydro Electric Power Company Ltd."

 

 

Press Release No. 3

Market-wide Position Limit in IRB

 

The derivative contracts in the underlying IRB have crossed 95% of the market-wide position limit on July 25, 2014. It is hereby informed that all clients/ members shall trade in derivative contracts of IRB by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.