September 28, 2012

Press Release No. 1

Setting up of Investor Service Centres and Arbitration mechanism

 

NSE has Investor Service Centres (ISC) at Mumbai, Delhi, Kolkata, Chennai, Ahmedabad and Hyderabad to cater to the needs of investors by resolving the queries of investors and resolution of investor complaints.

 

Additionally, Arbitration facility is also available at Mumbai, Delhi, Kolkata and Chennai.

 

With a view to enhance accessibility to investors, NSE is opening Investor Service Centers at Kanpur and Indore with effect from October 01, 2012.Further, NSE would also extend Arbitration facility at Ahmedabad, Hyderabad, Indore and Kanpur with effect from October 01, 2012.

 

Investors of the above centers are urged to make use of the services at these centers for their needs.

 

 

Press Release No. 2

Market-wide Position Limit in SUZLON

 

The derivative contracts in the underlying SUZLON have crossed 95% of the market-wide position limit on September 28, 2012. It is hereby informed that all clients/ members shall trade in derivative contracts of SUZLON by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 

 

Press Release No. 3

News about Kingfisher Airlines Limited

 

The media had reports on September 27, 2012 that Kingfisher Airlines Limited is in talks with foreign carriers as well as domestic investors to sell stake.

 

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.

 

Kingfisher Airlines Limited has vide its letter inter-alia stated, "The company is in talks with foreign carriers as well as domestic investors to sell a stake, pertains to a statement of a very general nature, which in our  view can hardly be classified as price- sensitive information, given that these are self-evidently at preliminary stages. In any case, the fact that the Company has been attempting to raise much needed capital over the last 2 years pursuant to shareholders resolutions approving the same and duly reported to the stock exchanges, has been widely reported in the media for a long time. We would like to clarify that even this general non-price sensitive information was shared with the shareholders only as a response to the queries raised by various shareholders regarding equity investment in the Company, at the venue of the Annual General Meeting of the Company held on 26th September, 2012."