Posts filed under 'Textiles'
The media had reports that Arvind Mills Ltd may hive off its retail (Mega Mart) and brands segment (Arvind Brands) into separate companies and may list them subsequently.
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.
Arvind Mills Ltd has vide its letter inter-alia stated, “The company constantly evaluates various proposals and options to maximize the business potential and enhance shareholder value. However, currently there is no such proposal as speculated in the media before the Board of Directors at this point of time.”
February 7th, 2008
The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. January 29, 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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AMBIKCO
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Ambika Cotton Mills Limited
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INE540G01014
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January 25th, 2008
The derivative contracts in the underlying RAJESHEXPO have crossed 95% of the market-wide position limit on January 15, 2008. It is hereby informed that all clients/ members shall trade in derivative contracts of RAJESHEXPO by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.
January 16th, 2008
The media had reports that Batliboi Limited may acquire a textile equipment manufacturer in Europe for close to Rs. 90 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.
Batliboi Limited has vide its letter inter-alia stated,”We wish to clarify that this report is speculative and not factually correct. It is the Company’s strategy to grow both through organic and inorganic routes, and the Company is continuously evaluating opportunities for such growth. However at this stage the Company has no specific plan for acquisition.”
January 10th, 2008
The derivative contracts in the underlying ARVINDMILL have crossed 95% of the market-wide position limit on December 31, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of ARVINDMILL by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.
January 1st, 2008
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