Press Release Archives
January 27, 2003

Press reports regarding M/s. Ashok Leyland Finance Ltd.

The press had reports that the board of directors of Ashok Leyland Finance Limited cleared a proposal to raise Rs. 200 crore through private placement of debentures.

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.

Ashok Leyland Finance Limited has vide its letter inter-alia stated, "The Board of Directors in their meeting held on 24th January, 2003 had approved the issue of Secured Redeemable Non Convertible Debenture (SRNCD) to the extent of Rs. 200 crore consisting of Short Term and Medium Term Debentures. The above Debentures will be issued on private placement basis to mutual funds, bodies corporate, banks, financial institutions, other statutory and non statutory authorities, Government and quasi-governmental bodies, individual, other entities and such other person(s). The rate of interest of the above Debentures will be finalized based on the competitive quotes."

Top

Press reports regarding M/s. Rallis India Ltd. and Tata Chemicals Ltd.

The press had reports that the Tatas are examining the possibility of bringing the Rallis India business under the ambit of Tata Chemicals.

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 companies.

Reply is awaited from Rallis India Limited and Tata Chemicals Limited.

Top

The Exchange has successfully completed its 731st Normal Settlement

The Exchange has successfully completed its 731st Normal Settlement (Rolling T+3 following SEBI directive) since inception i.e., Settlement Number N - 2003016 on January 27, 2003. The settlement statistics are as follows:

Particulars Values
   N - 2003016
Total traded quantity (lakhs) 2012.97
Total traded value (Rs. In Crores) 2554.09
Total value of the settlement (Securities) (Rs. In Crores) 368.07
Total value of the settlement (Funds) (Rs. In Crores) 115.80
Shortages for the settlement 0.47%
% of Delivery ( No. of shares delivered / No. of shares traded ) 23.16%


Details of Retail Debt Market are as follows:

Settlement No. Traded Value Settlement Value
    Securities Funds
2003016 Rs. 0.09 crores Rs. 0.09 crores Rs. 0.09 crores


Top