Press Release Archives
February 21, 2001

The Exchange has successfully completed its 327th settlement since inception

The Exchange has successfully completed its 327th settlement since inception i.e., Settlement Number N – 20001006 on February 21, 2001. The settlement statistics are as follows:

Particulars Values
  N – 2001006
Total value of the settlement (Securities) (Rs. In Crores) 4886
Total value of the settlement (Funds) (Rs. In Crores) 817
No. of shares delivered in dematerialised mode (in Lacs)* 2759
Value of shares delivered in dematerialised mode (Rs. In Crores) 4860
Value of shares delivered in compulsory demat scrips (Rs. In Crores) 4855
% of total demat delivery to total delivery (in terms of value) 99.47%
Shortages for the settlement (Auctioned) 0.26%

* All time high

Details of Three day market segment are as follows:

Trading Period Traded Value Settlement Value
From To   Securities Funds
February 05, 2001 February 07, 2001 Rs. 14.74 Crores Rs. 1.14 Crores Rs. 0.47 Crores


Details of Depository (Rolling) segment are as follows:

Trading Period Traded Value Settlement Value
From To   Securities Funds
February 07, 2001 February 12, 2001 Rs. 203.67 Crores Rs. 78.25 Crores Rs. 76.93 Crores


Details of Limited Physical Market are as follows:

Trading Period Traded Value Settlement Value
From To   Securities Funds
February 07, 2001 February 13, 2001 Rs. 0.91 Crores Rs. 0.74 Crores Rs. 0.91 Crores


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Press reports regarding Birla Corporation Limited

The press today had reports that B K Birla group has agreed to sell 4 m.t cement unit of Birla Corporation Limited to Grasim Industries Limited.

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 Birla Corporation Limited and Grasim Industries Limited.

Birla Corporation Limited has vide their letter dated February 21, 2001 stated "The company has no plan to sell its cement unit to Grasim Industries Limited and the news report is incorrect and baseless".

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Press reports regarding Orient Paper & Industries Limited

The press today had reports that B. K. Birla Group has agreed to sell the 1.8 m.t. cement unit of Orient Paper to Grasim Industries Limited.

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 Orient Paper & Industries Limited.

Orient Paper & Industries Limited vide their letter dated February 21, 2001 has referred to their earlier letter dated January 15, 2001 which inter alia stated "As per our earlier letter dated January 15, 2001 we reiterate that the company’s Board has decided to offer the Cement Unit of the company for sale as part of restricting exercise, in consultation with ICICI Securities Limited (ISEC). We are aware that based on our mandate, ISEC has been discussing the matter with various prospective parties. We have, however, no further concrete information to provide"

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Press reports regarding Gujarat Ambuja Cements Ltd.

The press today had reports that Tata Chemicals Limited is in talks with Gujarat Ambuja Cements Limited for selling off its cement unit at Mithapur, Gujarat.

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 Gujarat Ambuja Cements Limited

Reply from Gujarat Ambuja Cements Limited in this regard is awaited.

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Press reports regarding Grasim Industries Limited

The press today had reports that B. K. Birla Group has agreed to sell the 1.8 m.t. cement unit of Orient Paper, 2.2 m.t. cement unit of Kesoram Industries and 4 m.t. cement unit of Birla Corporation to Grasim Industries Limited.

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 Grasim Industries Limited.

Reply from Grasim Industries Limited in this regard is awaited.

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Press reports regarding Kesoram Industries Limited

The press today had reports that B K Birla group has agreed to sell 2.2 m.t cement unit of Kesoram Industries Limited to Grasim Industries Limited.

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 Kesoram Industries Limited and Grasim Industries Limited.

Kesoram Industries Limited has wide their letter dated February 21, 2001 stated that the the above news is baseless.

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Press reports regarding Shree Cements Limited

The press had reports that Lafarge, the French cement major is set to buy big stake in Shree Cements Limited.

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 Shree Cements Limited.

Shree Cements Limited has vide their letter dated February 21, 2001 stated, "We reiterate that we are currently not having any dialogue with Lafarge for sale of stake in our Company. We further reiterate that if the company at all comes to any agreement with regard to sale of stake to any strategic investor/partner, the same shall be informed to the Stock Exchange in the spirit of the Listing Agreement the Company has entered into".

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Press reports regarding Tata Chemicals Limited

The press today had reports that Tata Chemicals Limited is in talks with Gujarat Ambuja Cements Limited for selling off its cement unit at Mithapur, Gujarat.

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 Tata Chemicals Limited.

Tata Chemicals Limited has vide their letter dated February 21, 2001 inter alia stated "The Management has been authorised to pursue options for disposal of the Cement business at Mithapur to prospective buyers. However, it is incorrect to say that the deal between Tata Chemicals Limited and Gujarat Ambuja Cements Limited is in the final stages of negotiation".



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