Posts filed under 'Automobile'

Security listed and admitted to dealings - SGFL

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. May 22, 2007. 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

SGFL

Shree Ganesh Forgings Limited

INE883G01018

Add commentMay 18th, 2007

News about Clutch Auto Limited

NSE Press Release

The media had reports that Clutch Auto Limited may bag a major order from US - based Navistar International Corporation.

 

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.

 

Clutch Auto Limited has vide its letter inter-alia stated, “We confirm that we are in advanced stages of negotiations with the US based International Truck and Engine Corporation, manufacturers of ‘Navistar’ brand of Trucks. The impact of this development on operations / performance of the company can be assessed after concluding the agreement and hence it was premature to give any intimation to the Exchange at this stage.”


Add commentApril 5th, 2007

Security listed and admitted to dealings - JMTAUTOLTD

NSE Press Release

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. April 2, 2007. 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

JMTAUTOLTD

JMT Auto Limited

INE988E01010

Add commentMarch 28th, 2007

News about Ceat Limited

The media had reports that Ceat Ltd may set up a third greenfield plant in the country with an investment of Rs 600 - 700 crore.

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.

Ceat Ltd has vide its letter inter-alia stated,”Capacity expansion is not the immediate plan of the company. The idea of capacity expansion is still in the nascent/drawing board/discussion stages, and all aspects of the projects are under evaluation. After considering the pros and cons including all relevant data/information and the long term market scenario, the company shall be in a position to take a decision on capacity expansion. The evaluation is likely to take about 3-4 months. The decision to undertake capacity expansions, either by way of a greenfield project or otherwise shall depend on the above evaluation.”

Add commentMarch 15th, 2007

News about Bajaj Auto Ltd

NSE Press Release

The media had reports on February 09, 2007 that Bajaj Auto Ltd is planning to demerge its business.

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.

Bajaj Auto Ltd. has vide its letter inter-alia stated, “The company explores on a regular basis various opportunities to enhance business and share holder value. The demerger is one such opportunity. However, there is nothing concrete to report in this matter at the moment.”

Add commentFebruary 12th, 2007

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