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The press had reports on June 6, 2003 that Torrent Pharmaceuticals Ltd. has set up wholly owned subsidiaries in Germany and Brazil.
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.
The company has vide its letter, inter-alia stated that it has set up a wholly owned subsidiary in Brazil by acquiring a small pharmaceutical company in Brazil in May 2001 to do the business in the Brazilian pharma market in particular and Latin America in general. The company has also set up a small subsidiary in Germany in October 2002 to operate in the highly regulated markets of Europe and to undertake activity of obtaining market authorisations for select molecules having large market potentials.
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The media had reports that there is talk that the Balaji Telefilms Limited's promoters are planning on a placement of shares.
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 Balaji Telefilms Limited.
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The Exchange has successfully completed its 822nd Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2003107 on June 09, 2003. The settlement statistics are as follows:
| Particulars |
Values |
| |
N - 2003107 |
| Total traded quantity (lakhs) |
2728.42 |
| Total traded value (Rs. In Crores) |
3318.31 |
| Total value of the settlement (Securities) (Rs. In Crores) |
718.78 |
| Total value of the settlement (Funds) (Rs. In Crores) |
276.35 |
| Shortages for the settlement |
0.42% |
| % of Delivery ( No. of shares delivered / No. of shares traded ) |
28.13% |
Retail Debt Market has completed its 96th settlement, details of which are as follows :
| Settlement No. |
Traded Value |
Settlement Value |
| |
|
Securities |
Funds |
| 2003107 |
Rs. 55,900.00 /- |
Rs. 58,710.00 /- |
Rs. 55,900.00 /- |
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