February 27, 2007

 

Press Release no.1

NSE completes its 1759th Normal Settlement

 

The Exchange has successfully completed its 1759th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007036 on February 27, 2007. The settlement statistics are as follows:         

 

Particulars
Values

           

N – 2007036

Total traded quantity (lakhs)

5192.12

Total traded value (Rs. In Crores)

10255.11

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

3185.63

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

1171.97

Shortages for the settlement

0.17%

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

27.45%

 

Retail Debt Market has completed its 1033rd settlement details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007036

NIL

NIL

NIL

 

 

Press Release no.2

News about SKF India Limited

 

The media had reports on February 24, 2007 that SKF India Limited is planning to enter in the power transmission products business.

 

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.

 

SKF India Limited has vide its letter inter-alia stated, "The SKF group is already supplying range of products for power transmission namely Timing Belts, V-Belts, Chains, Couplings, Sprockets and Pulleys to its customers under different brand name and has not entered any new line of business. With the Rs. 1000- crore industry for power transmission products being fragmented, SKF in keeping with its mission to be a total Knowledge Engineering company is focusing on offering complete solutions to its customers by offering the entire product range under one brand name. The Power Transmission Products - Timing Belts, V-Belts, Chains, Couplings, Sprockets and Pulleys - will be offered to customers as a complete solutions package. SFK India aims to focus on its existing verticals such as Cement, Steel, Paper, Textile and Machine Tool segments to promote these products."