India, Mumbai, Thursday, June 09, 2016 Sterlite Technologies Ltd (Exchange Ticker: 532374) is undergoing demerger whereby its Power Products and Transmission Grid Business will be demerged into Sterlite Power Transmission Ltd. The demerger effective date is Wednesday, June 15, 2016. Effective at the open of Wednesday, June 15, 2016, following changes will be made to the below index.
|
INDICES |
DROP |
ADD |
EFFECTIVE DATE |
|
|
Exchange Ticker |
Stock Name |
Exchange Ticker |
Stock Name |
|
S&P BSE 500 |
532374 |
Sterlite Technologies Ltd |
532539 |
Minda Industries Ltd |
June 15, 2016 |
|
S&P BSE AllCap |
532374 |
Sterlite Technologies Ltd |
|
|
|
S&P BSE SmallCap |
532374 |
Sterlite Technologies Ltd |
|
|
|
S&P BSE MidSmallCap |
532374 |
Sterlite Technologies Ltd |
|
|
|
S&P BSE Industrials |
532374 |
Sterlite Technologies Ltd |
|
|
|
S&P BSE Capital Goods |
532374 |
Sterlite Technologies Ltd |
|
|
For any information / clarification, you can write to us at index_services@spglobal.com
ASIA INDEX PRIVATE LIMITED
Asia Index Pvt. Ltd is a 50-50 partnership between S&P Dow Jones Indices LLC, the world s largest provider of financial market indices, and BSE Ltd, Asia s oldest stock exchange and home to the iconic SENSEX index - a leading indicator of Indian equity market performance. Asia Index Pvt. Ltd, which combines the benchmarks, market intelligence, and insights of both parent companies, each established more than 115 years ago, aims to provide a full array of indices enabling global and domestic investors to participate in South Asia s vibrant economies. The Company is best known for calculating, publishing, and maintaining a diverse family of Asian indices under the umbrella brand, S&P BSE Indices.
About BSE Ltd
BSE (formerly Bombay Stock Exchange Ltd.) Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asia s first & fastest Stock Exchange with the response time of 200 microseconds and one of India s leading exchange groups and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME). BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on BSE platform and provides full novation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of is one of the two central depository services in India.
About S&P Dow Jones Indices
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average . More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
Index Services
June 09, 2016