August 25, 2014
Press Release No. 1
News about
Valecha Engineering Limited
The media had reports that “Valecha egg in talks
with foreign player to sell stake in 3 road projects.".
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.
Valecha Engineering Limited has vide its letter
inter-alia stated," The Company receives various proposals from both
National and International prospective Investors, sometimes directly and
sometimes through investment bankers for participation in our road projects.
This is not uncommon with companies like us who are heavily invested in the Road
BOT Projects. However, as on date, the Company has not entered into any binding
contracts with any person either towards stake sale or towards any potential
joint ventures."
Press Release No. 2
Market-wide Position Limit
in JPASSOCIAT
The derivative contracts in the underlying
JPASSOCIAT have crossed 95% of the market-wide position limit on August 25,
2014. It is hereby informed that all clients/ members shall trade in derivative
contracts of JPASSOCIAT by offsetting their existing positions till the open
interest comes down to 80% of the market wide position limit.