Mar 9, 2008

NSE Press Releases - March 07, 2008

Press Release No. 01

Security listed and admitted to dealings – ESSARSHIP

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. March 11, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

Sr. No.

Symbol

Name of the Company

ISIN Code

1

ESSARSHIP

Essar Shipping Limited

INE282A01016

Press Release No. 02

Security listed and admitted to dealings - NAHARCAP

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. March 11, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

Sr. No.

Symbol

Name of the Company

ISIN Code

1

NAHARCAP

Nahar Capital and Financial Services Limited

INE049I01012

Press Release No. 03

News about India Cements Limited

The media had reports on March 6th, 2008 that India Cements Ltd. may acquire coal mines in Indonesia.

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.

India Cements Ltd. has vide its letter inter-alia stated, "As already informed, in the Explanatory statement of our Notice dated 19th November, 2007, in order to achieve the twin objectives of securing quality coal at reasonable price and avoid the impact of ever increasing shipping freight, the Company has been on the lookout for opportunities for investment in coalmines abroad." 

Press Release No. 04

News about Infrastructure Development Finance Company Limited

The media had reports that Infrastructure Development Finance Company Limited may buy Stanchart MF for $ 205 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.

Infrastructure Development Finance Company Limited has vide its letter inter-alia stated, "The discussions to acquire mutual fund business of Stanchart MF by the Company are at an advanced stage but the deal is not yet concluded. We will inform the Exchange about the developments as soon as the deal is concluded."

Press Release No. 05

NSE completes its 2018th Normal Settlement

The Exchange has successfully completed its 2018th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008046 on March 7, 2008. The settlement statistics is as follows:     

Particulars

Values

 

N – 2008046

Total traded quantity (lakhs)

5586.18

Total traded value (Rs. In Crores)

14167.53

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

3379.63

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

1080.54

Shortages for the settlement

0.16%

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

21.85%

Retail Debt Market have completed its 1292nd settlements details of which is as follows:

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008046

NIL

NIL

NIL

 

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