December 31, 2008

Press Release no.1

NSE completes its 2216th Normal Settlement

 

The Exchange has successfully completed its 2216th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Numbers N – 2008244 on Dec 31, 2008. The settlement statistics is as follows:         

 

Particulars
Values

 

N-2008244

Total traded quantity (lakhs)

6101.77

Total traded value (Rs. In Crores)

9062.03

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

1492.29

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

466.48

Shortages for the settlement

0.15%

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

16.41%

 

Retail Debt Market have completed its 1490th settlements detail of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008244

NIL

NIL

NIL

 

 

Press Release no.2

News about GATI Limited

 

The media had reports that GATI Limited may buy a Chinese cargo company for about $5 million.

 

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.

 

GATI Limited has vide its letter inter-alia stated, "We have a step down subsidiary namely Gati Cargo Express (Shanghai) Co. Ltd., in China and strategically, we are looking for a local partner / acquisition of a small firm in order to widen our footprint in China and complement our existing operation. Further, we hereby clarify and confirm that as on date we have not finalised or firmed up any acquisition plan with any partner / company in China. However, the proposed alliance / acquisition, if any, with reference to the cost, top-line and the bottom-line would not have significant bearing or material impact and it will be solely with a purpose to enhance efficiency in operation."