Information for the period October 21, & 22, 2008
The security wise positions of the
quantity lent to entities other than in the Indian Securities Market by the FIIs , i.e.
where the Overseas Derivative Instruments (ODIs) are
issued- which has the effect of a short sale in the Indian security/ synthetic
shorts.
|
Security Name
|
Quantity (no. of underlying security)
|
|
EDUCOMP
SOLUTIONS LTD
|
69,414
|
|
RELIANCE
PETROLEUM LTD
|
3,00,950
|
|
Above data is compiled
from reports submitted by 34 PN issuing FIIs.
*Non- inclusion of a
security in the list means – no shorts reported for the period for that scrip
|
SEBI had vide
circular no. IMD/FII&C/34/2008 dated October 20, 2008 communicated SEBI’s
disapproval of the activity of the FIIs lending
shares abroad.
The FIIs
that have taken the above mentioned positions after the issuance of the
circular by SEBI have been advised to reverse their positions.