May 30, 2014
Press Release No. 1
NSE Holds SME Conference in Haridwar
Haridwar,
May 30, 2014: India’s leading
stock exchange, the National Stock Exchange, organised a conference in Haridwar
to educate small and medium sized companies on opportunities available to raise
funds through the capital market. The conference was organised in association
with the Punjab National Bank.
More than 50 SMEs from sectors like engineering, chemical,
hospitality, engineering and auto components attended the conference. The
companies were made aware of the benefits of raising capital through EMERGE,
NSE’s trading platform for SMEs that enables these companies to list and fund
their growth.
Ms. Chitra Ramkrishna, MD & CEO of NSE, Mr. Gurinder Singh, DGM, Punjab National Bank, Mr. Pankaj Gupta,
President, Industries Association of Uttarakhand (IAU), Mr. P K Sinha, Director, MSME Development
Institute and Mr. Manoj Gaur, State head, Uttarakhand, National Small Industries
Corporation, attended the conference.
Ms. Chitra Ramkrishna said, “Through EMERGE,
we are bringing together growth companies and risk investors in a well
regulated environment, enabling both sides to benefit from the discipline and
transparency, to create a virtuous cycle facilitating flow of risk capital to
growth companies.”
Most small and medium enterprises are
constrained because of lack of availability of risk capital, and the EMERGE
platform provides a good opportunity for these companies because it brings
together fast growing companies with a pool of investors, who want to invest in
credible and high growth companies and start-ups. There are some good quality
companies that are already trading on EMERGE. Many of these companies have been
able to use the capital raised to expand their businesses, create value for
their shareholders by issuing dividends and bonus shares and take their
companies to global markets through partnerships.
SME’s can also list on NSE’s EMERGE Institutional Trading Platform
cost effectively, without a public offer and can raise funds through private
placements and rights issues. Listing on the ITP provides higher visibility and
credibility to a company. ITP connects growing businesses with sophisticated
investors like private equity funds, venture capital funds and institutions
looking to invest in early stage ventures. Since the platform allows companies
to come in without an IPO, many young companies see this as an attractive and
cost effective way to raise money.
Press Release No. 2
NSE Holds Investor Awareness Seminar in
Haridwar
Haridwar, May 30, 2014: As a part of its
efforts to spread financial awareness in tier two and tier three cities,
India’s leading stock exchange, the National Stock Exchange and market
regulator SEBI today organised an investor awareness seminar in Haridwar to
educate investors about the securities market. Haridwar has, over the years,
become a major industrial hub and is home to a large, skilled workforce.
The focus of the
seminar, Securities Market and the Common Man, was on educating investors about
the need to invest safely, the benefits of having an investment plan and the
precautions one should take while investing. The Conference was organized in
partnership with the Haridwar Management association and the Industry
association of Uttarakhand and was well attended by investors in the city and
employees of BHEL, an important manufacturing and engineering enterprise, which
runs two of its critical plants at Haridwar.
Ms Chitra
Ramkrishna, MD and CEO of NSE said, “We are committed
to creating financial awareness in Haridwar and other small towns in the
country to help people grow their savings and plan for a financially strong
future.’’
NSE
officials made the investors aware about the steps they should take to ensure
that their interests are protected while investing. They were cautioned against
getting carried away by market rumors and against promises of exceptionally
high returns. Investors were advised by NSE that they should check their
statement of accounts from the broker, to verify whether the transactions were
authorized. They were also familiarized with the grievance redressal mechanism.
NSE conducts many initiatives to educate investors in
tier two and tier three towns on safe investing and opportunities to grow their
money by investing in the markets. Many programmes are also conducted for
school and college students to teach them about the basics of financial
planning, so that they can plan for a more financially
strong future.