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The press had reports on May 30, 2003 that Rpg Cables Limited has entered into a strategic agreement with Corning Cable Systems to supply structured cabling system products for deployment in premise wiring applications in India, Sri Lanka and Nepal.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Rpg Cables Limited has vide its letter inter-alia stated, "In this regard we wish to inform you that Corning Cable Systems has been the vendors of the Company for past several years & therefore has relations with the Company. Total Sales expected out of this agreement with Corning Cables Systems for Structured Cabling is hardly 2 to 3% of the total turnover of the Company. This is not a material event from Company's operational point of view. We have nothing to add to what has appeared in the reports."
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The press had reports on June 03, 2003 that Bharti Tele-Ventures Limited was planning to tap the US market next financial year to raise over $185 million. The company is also looking to expand operations through acquisitions in the domestic market.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Bharti Tele-Ventures Limited has vide its letter inter-alia stated, "In this connection we wish to clarify as: i) The aforesaid statement was made by Mr. Sunil Bharti Mittal, Chairman and Managing Director of the Company, in response to a question raised by the media regarding future expansion plans of the Company at the press conference held to celebrate 1-million cellular customers for Delhi circle of Bharti Cellular Limited (a wholly owned subsidiary of the Company). ii) The details of the proposal for acquisitions and its modalities would only be finalized as and when the Company finds an appropriate business opportunity. The proposal would then be placed before the Board and the shareholders of the Company for their approval. We may add that the information/comment as above do not have any bearing on present operations/performance of the Company. Also the fact that it had been clearly stated to be intent, this can not be deemed to be price sensitive. We assure you a prompt intimation to the stock exchanges as and when the proposal regarding acquisition is finalised."
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The press had reports that Bhilai Steel Plant, a SAIL unit wants to get into the manufacture of steel pipes with a Rs. 300-crore investment.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Reply is awaited from Steel Authority of India Limited.
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The press had reports that Cipla Limited may be close to signing an alliance with a European or US firm for three products and there could be a possible development on the commencement of exports of non-CFC inhalers to Germany. There are also reports of a bonus expectation.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Reply is awaited from Cipla Limited.
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The Exchange has successfully completed its 819th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2003104 on June 04, 2003. The settlement statistics are as follows:
| Particulars |
Values |
| |
N - 2003104 |
| Total traded quantity (lakhs) |
3063.18 |
| Total traded value (Rs. In Crores) |
3017.43 |
| Total value of the settlement (Securities) (Rs. In Crores) |
672.75 |
| Total value of the settlement (Funds) (Rs. In Crores) |
202.25 |
| Shortages for the settlement |
0.57% |
| % of Delivery ( No. of shares delivered / No. of shares traded ) |
27.18% |
Retail Debt Market has completed its 93rd settlement, details of which are as follows :
| Settlement No. |
Traded Value |
Settlement Value |
| |
|
Securities |
Funds |
| 2003104 |
Rs. 72,784.50 /- |
Rs. 75,786.80 /- |
Rs. 65,325.00 /- |
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