Review of free-float factors for SENSEX constituents

Pursuant to the Guidelines laid down by the Index Committee of the Exchange that mandates review of the free-float factors of all constituents companies in SENSEX on a quarterly basis, the Exchange has reviewed the free-float factors based on the quarter ending December 2003 shareholding data filed by SENSEX companies. The reviewed free-float factors are listed in the table below.

Sr. No.	Code	Name	Existing Free Float Factor	Revised Free Float Factor	Sr. No.	Code	Name	Existing Free Float Factor	Revised Free Float Factor
1	500410	A.C.C.	0.90	0.90	16	532174	ICICI BANK	1.00	1.00
2	500490	BAJAJ AUTO	0.70	0.70	17	500209	INFOSYS	0.75	0.75
3	532454	BHARTI TELE	0.20	0.20	18	500875	ITC LTD.	0.70	0.70
4	500103	BHEL	0.35	0.35	19	500510	L&T	0.90	0.90
5	500390	BSES	0.45	0.50	20	500108	MTNL	0.45	0.45
6	500087	CIPLA	0.65	0.60	21	500312	ONGC	0.05	0.05
7	500124	DR.REDDY'S	0.75	0.75	22	500359	RANBAXY	0.70	0.70
8	500300	GRASIM	0.80	0.80	23	500325	RELIANCE	0.55	0.55
9	500425	GUJ.AMB.CEMENT	0.70	0.70	24	500376	SATYAM	0.80	0.90
10	500010	HDFC	0.75	0.80	25	500112	SBI	0.45	0.45
11	500180	HDFC BANK	0.80	0.80	26	500570	TATA MOTORS	0.60	0.65
12	500182	HERO HONDA	0.45	0.50	27	500400	TATA POWER	0.70	0.70
13	500696	HIND.LEVER	0.50	0.50	28	500470	TISCO	0.75	0.75
14	500104	HPCL	0.50	0.50	29	507685	WIPRO	0.20	0.20
15	500440	HINDALCO	0.80	0.80	30	505537	ZEE TELE.	0.50	0.55

The changes in the free-float factors (as highlighted in the table) would come into effect from February 9, 2004.