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Media Release

SURVEILLANCE MEASURES AT BSE

 

The stock markets are experiencing high volatility and many illiquid scrips especially in scrips B2 and Z Group are getting traded daily with unusual volumes coupled with rise in share price. BSE has therefore decided to look into trading/price pattern of some of these scrips. The trading in the following scrips were initially suspended for three days. It has now been decided to suspend trading indefinitely in the following scrips w.e.f. January 10, 2000 pending investigation.

No.

Name of Scrip

Scrip Code

1

Alps Infosys Ltd.

31924

2

Cauvery Software Engineering Systems Ltd.

80

3

Media Video Ltd.

30435

4

Sawaca Finance Ltd.

31893

5

VMF Softech

19602

6

Trillenium Technologies Ltd.

19473

7

Net Vista

30811

8

Top Cassettes

31554


S.T. Gerela
Gen. Manager - Inspection & Surveillance

January 8, 2000.

 

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