January 30, 2009

Press Release no.1

NSE completes its 2236^th Normal Settlement

The Exchange has successfully completed its 2236^th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Numbers N – 2009018 on Jan 30, 2009. The settlement statistics is as follows:

Particulars	Values
	N-2009018
Total traded quantity (lakhs)	7357.13
Total traded value (Rs. In Crores)	9763.08
Total value of the settlement (Securities) (Rs. In Crores)	2282.54
Total value of the settlement (Funds) (Rs. In Crores)	694.06
Shortages for the settlement	0.15%
% of Delivery ( No. of shares deliverable / No. of shares traded )	21.28%

Retail Debt Market have completed its 1510^th settlements detail of which are as follows:

Settlement No.	Traded Value	Settlement Value
		Securities	Funds
D- 2009018	NIL	NIL	NIL

Press Release no.2

News about Idea Cellular Limited and Spice Communications Limited

The media had reports that Idea Cellular and Spice Communication may merge.

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.

Idea Cellular has vide its letter inter-alia stated, "Idea Cellular Limited (Idea) together with its associate namely Green Acres Agro Services Pvt. Ltd., currently holds 49.9% equity in Spice Communications Limited (Spice). The other major shareholder in Spice is TMI India Limited which holds around 49.0% equity. The balance around 1.1% is held by public. This shareholding is post the open offer formalities under the SEBI Takeover code completed in the month of October, 2008 full disclosures regarding which were made from time to time under various legal requirements to the Exchange. Through a communication dated 25th June, 2008, Spice has, interalia, communicated to the Exchange that it is proposed to merge Spice with Idea with a swap ratio of 49 shares of Idea for every 100 shares in Spice.”

Spice Communications Limited has vide its letter inter-alia stated, "Idea Cellular Limited (Idea) together with its associate namely Green Acres Agro Services Pvt. Ltd., currently holds 49.9% equity in Spice Communications Limited (Spice). The other major shareholder in Spice is TMI India Limited which holds around 49.0% equity. The balance around 1.1% is held by public. This shareholding is post the open offer formalities under the SEBI Takeover code completed in the month of October, 2008 full disclosures regarding which were made from time to time under various legal requirements to the Exchange. Through a communication dated 25th June, 2008, Spice has, interalia, communicated to the Exchange that it is proposed to merge Spice with Idea with a swap ratio of 49 shares of Idea for every 100 shares in Spice."