Posts filed under 'Power'
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 equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. October 5, 2007. 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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POWERGRID
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Power Grid Corporation of India Limited
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INE752E01010
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October 1st, 2007
The derivative contracts in the underlying JPHYDRO have crossed 95% of the market-wide position limit on August 06, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of JPHYDRO by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.
August 7th, 2007
NSE Press Release
The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. June 6, 2007. 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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June 5th, 2007
NSE Press Release
The media had reports on April 10, 2007 that Bharat Heavy Electricals Ltd may acquire Bharat Pumps and Compressors Limited.
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.
Bharat Heavy Electricals Ltd has vide its letter inter-alia stated,”In the revival process of Bharat Pumps & Compressors Limited (BPCL), Allahabad, based on the recommendations of BRPSE (Board for Reconstruction of Public Sector Enterprises), Committee of Secretaries and Group of Ministers, the Cabinet has approved a proposal in which BHEL has been asked to provide Management support to BPCL through the reconstruction of the board of BPCL by providing Chairman and one part-time Director from BHEL and selection of Managing Director by BHEL. In addition, BHEL is to provide an amount of Rs. 20 crores as subordinate debt to BPCL for revival of the Company with an option to convert the above amount into equity at an appropriate time at the sole discretion of BHEL. Board of BPCL has since been re-constituted on the above lines. Hence it may be seen that BHEL is only to provide Management support to Bharat Pumps & Compressors Limited.”
April 11th, 2007
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