Posts filed under 'Metal'
The media had reports that Monnet Ispat Ltd may set up a 1,000 MW power plant in Indonesia.
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.
Monnet Ispat Ltd has vide its letter inter-alia stated, “The Company is only in discussion with the Indonesian authorities for putting up coal fired Power Plant in that country on a pit-head basis. We would like to clarify that nothing has been finalized so far and it is only at the stage of discussions. We cannot commit at this stage whether the proposal will fructify or not.”
March 12th, 2008
The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. March 3, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.
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Sr. No.
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Symbol
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Name of the Company
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ISIN Code
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1
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NMDC
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NMDC Limited
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INE584A01015
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February 28th, 2008
The media had reports that Bhushan Steel Limited may dilute its stake to fund expansion plans.
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.
Bhushan Steel Limited has vide its letter inter-alia stated, “In this connection we have to inform that as on date the Company neither has any plan nor had any conversation with any body in the past regarding diluting the stake. There is no substance in the news published in the media.”
November 27th, 2007
The media had reports that Jindal Steel & Power Ltd. may set up an electicity plant in Turkey investing around Rs. 2,380 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.
Jindal Steel & Power Ltd. has vide its letter inter-alia stated, ” In this connection, we wish to inform you that Company has no such proposal to set up electricity plant in Turkey”.
October 6th, 2007
The media had reports that Binani Industries Limited may place 10 percent equity with Binani Zinc.
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.
Binani Industries Limited has vide its letter inter-alia stated, “This is to clarify that the Company or its Subsidiaries have not approved any additional dilution of holdings.”
October 1st, 2007
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