June 26, 2008

 

Press Release no.1

Power Exchange India Limited Opens Membership

 

Power Exchange India Ltd (PXI), a JV of the National Stock Exchange of India (NSE) and National Commodity & Derivatives Exchange (NCDEX) which received the in-principle approval of the Central Electricity Regulatory Commission (CERC) to set up and operate a Power Exchange (PX) has opened the membership to the exchange and announced its membership fees structure

 

Membership would be available in the category of Trading Members (TM) who would only trade but not clear for themselves, as well as Trading cum Clearing Members (TCM) . Recognizing the peculiarities of the Power Sector , a distinction, has been made within the TCM  category between members who would do only proprietary trades and would clear for themselves ( TSCMs)  and TCMs , who apart from doing proprietary trading and clearing , would also trade and clear on account of their clients. The fee structure for the trading cum clearing members ( TSCMs  & TCMs ) envisages a one time fee of Rs 10 lacs and an annual fee of Rs 2.5 lacs. The fees for Trading Members have been kept lower at Rs 5 Lakhs as one time fee and Rs 1 lakh per annum as annual fee. Members would also be required to keep deposits as per the PXI rules. The exchange would also have Professional Clearing Members ( PCM) who would facilitate clearing for Trading Members ( TMs )

The relevant details are available on PXI’s website www.powerexindia.com.

 

PXI would function as a nation-.wide spot exchange for Power and will initially only trade day-ahead contracts. It will provide an open market place for all stakeholders in the Power Sector including generators, distribution companies, Independent Power Producers (IPPs), Captive Power Producers (CPPs), traders etc who can participate either by becoming members of PXI or be becoming constituents of the members. The exchange is expected to be operational within the next few months.

 

 

Press Release no.2

Listing of units of Reliance Banking Exchange Traded Fund (ETF) – (RELBANK)

 

The units of Reliance Banking Exchange Traded Fund (ETF) shall be admitted to dealings on the Exchange w.e.f. June 27, 2008 (Symbol: RELBANK). Trading shall be in the Normal Market Segment – Compulsory Demat (Rolling Settlement) for all investors. The ISIN corresponding to these units is INF733I01028.

 

 

Press Release no.3

Security listed and admitted to dealings - AREVA

 

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. June 30, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

AREVA

Areva T&D India Limited

INE200A01018

 

 

Press Release no.4

Security listed and admitted to dealings – MVL

 

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. June 30, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

MVL

MVL Limited

INE744I01018

 

 

Press Release no.5

Security listed and admitted to dealings – GMRFER

 

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. June 30, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

GMRFER

GMR Ferro Alloys & Industries Limited

INE592I01011

 

 

Press Release no.6

Security listed and admitted to dealings - SEJALGLASS

 

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. July 1, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

SEJALGLASS

Sejal Architectural Glass Limited

INE955I01010

 

 

Press Release no.7

News about Financial Technologies (India) Limited

 

The media had reports that Financial Technologies (India) Limited may start comex operations in Singapore through MCX.

 

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 officials of the company.

 

Financial Technologies (India) Limited has vide its letter inter-alia stated,"MCX is not doing anything of this sort in Singapore as reported in the media. The company does not entertain any press release/remarks unless the company has submitted prior intimation about the same to the Stock Exchanges"

 

 

Press Release no.8

News about Balaji Telefilms Limited

 

The media had reports that STAR TV may sell 26% stake in Balaji Telefilms Ltd.

 

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 officials of the company.

 

Balaji Telefilms Ltd. has vide its letter inter-alia stated, "At this stage, no disclosures have been made to the Company regarding sale by Asian broadcasting FZ-LLC (part of the Star group) of its shareholding in the Company. Hence, the Company is unable to comment further. We will keep you updated as and when any disclosures are made to the Company."

 

 

Press Release no.9

News about HTMT Global Solutions Limited

 

The media had reports that HTMT Global Solutions Ltd. may acquire a UK -based BPO company and invest over $110 million for the same..

 

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 officials of the company.

 

HTMT Global Solutions Ltd. has vide its letter inter-alia stated, We would like to clarify that the company on an ongoing basis is looking at acquisitions to grow inorganically.The company has multiple target oppurtunities that it evaluates. The sizes of these oppurtunities also vary, from mid-size to large sized ones. Discussions and negotiations process is continuing and there is no further development that could constitute a "disclosable event". If any conclusion towards acquisitions of any company is reached, then before such event, the company will definitely make adequate disclosure to the Exchange."

 

 

Press Release no.10

NSE completes its 2091st Normal Settlement

 

The Exchange has successfully completed its 2091st Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008119 on June 26, 2008. The settlement statistics is as follows:      

 

Particulars
Values

 

N – 2008119

Total traded quantity (lakhs)

4734.47

Total traded value (Rs. In Crores)

11691.77

Total value of the settlement (Securities) (Rs. In Crores)

2665.87

Total value of the settlement (Funds) (Rs. In Crores)

931.95

Shortages for the settlement

0.15%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

21.04%

 

Retail Debt Market have completed its 1365th settlements details of which is as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008119

NIL

NIL

NIL