WORLD INDICES & INDIAN ADRs (US$) 22-Mar-17 refer to important disclosures at the end of the report For private ... resolved. Tata Motors Marcopolo, ... through participation in project

1

EQUITY

Latest 1 Day P/E* P/B*

SENSEX 29,167.7 (1.1) 21.6 2.9

NIFTY 9,030.5 (1.0) 22.2 2.9

CNXMIDCAP 16,721.8 (1.2) 27.5 2.1

22-Mar-17

*Source: Bloomberg

NET INFLOWS (Rs. Crs.) 21-Mar-17

NET MTD YTD

FII 1617.3 (7416.0) 10162.9

MF (94.6) 19971.3 30516.0

*YTD From January till date

23 March 2017

Sushil Financial Services Private Limited Member BSE : SEBI Regn.No. INB/F010982338 | NSE : SEBI Regn.No.INB/F230607435. Regd. Office : 12, Homji Street, Fort, Mumbai 400 001. Phone: +91 22 40936000 Fax: +91 22 22665758 Email : [email protected]

Please refer to important disclosures at the end of the report For private Circulation Only.

22-Mar-17

Latest Points % Chg.

NIKKEI 225 * 19068.2 26.8 0.1

HANG SENG * 24389.1 68.7 0.3

DOWJONES 20661.3 (6.7) (0.0)

NASDAQ 5821.6 27.8 0.5

SGX NIFTY FUT* 9078.5 28.5 0.3

INFY 15.7 0.1 0.8

HDFC BANK 72.7 0.4 0.6

ICICI BANK 8.2 (0.0) (0.1)

TATA MOTORS 35.6 (0.2) (0.6)

WIPRO 10.1 0.1 1.2

DR REDDY 39.5 0.5 1.3

* At 08:20 a.m. IST on 23-Mar-17

WORLD INDICES & INDIAN ADRs (US$)

COMMODITIES 22-Mar-17

Latest Points % Chg.

GOLD 1245.7 (2.8) (0.2)

CRUDE OIL (WTI) 48.4 0.4 0.7

CRUDE OIL (Brent) 51.0 0.4 0.7

FII ACTIVITIES IN DERIVATIVES 22-Mar-17

FII Net Buy (Rs.

Crs)

Open

Interest

Ch. in Open

Int. (DOD)Index Futures 1053.5 27250.2 (0.2)

Index Options 460.6 74575.2 2.1

Stock Futures (1820.0) 74237.5 (0.2)

Stock Options (126.4) 8337.1 1.2

22-Mar-17

Closing % Chg.

Dollar Index 99.8 0.13

Rs. / $ 65.4 0.25

Rs. / EURO 70.6 0.10

Rs. / UK Sterling 81.5 0.20

EXCHANGE RATE

G.SEC. YIELD 22-Mar-17

Yield (%)

GS CG2025 8.2% 6.82

US 10 Year Gsec 2.41

KEY OVERNIGHT DEVELOPMENTS

Wall Street ended mixed after a choppy session on Wednesday as investors

focussed on President Donald Trump's struggle to push through a healthcare

bill and snapped up stocks after a steep drop the day before. Asian stocks

rose on Thursday, taking their cues from a Wall Street bounce, while the

dollar crawled up from a four-month low but remains clouded by concerns

about US President Donald Trump's pro-growth policies.

MUST KNOW…. Tata Motors in wage talks with Lucknow plant union, current pact ends this

month (Rs.460, -3%)

Sphere Global Services up on Rs.10 crore order win (Rs.63, +3%)

Mawana Sugars rises, to enter into onetime settlement with PNB (Rs.90,

+3%)

Nila Infrastructures gains, enters in two LOA with GSRTC (Rs.17, +4%)

Expect 7-10% loan growth next year; collections improving: Magma Fincorp

(Rs.104, 0%)

Axis Bank denies CEO Shikha Sharma’s resignation rumours (Rs.485, -1%)

Hudco gets Sebi approval to float IPO

Emami Infra up, forms LLP with Sheth Corp for Mumbai project (Rs.75,

+20%)

Positive supply audit report to open floodgates of new orders: Fiberweb

India (Rs.298, +5%)

ONGC seeks gas price review; wants floor rate fixed at $4.2 (Rs.193, 0%)

Auditor raises concerns on recovery of ABG Shipyard's receivables (Rs.23, -

5%)

Expect CFS volume growth to continue at 5-7%: Allcargo Logistics (Rs.164, -

4%)

2

Corporate Announcements & Financial Scoreboard Tata Motors in wage talks with Lucknow plant union, current pact ends this month (Rs.460, -3%)

Tata Motors has started talks with the union at its Lucknow plant for negotiating a new wage agreement.

The existing agreement expires at the end of this month, according to the company’s 2015-16 (Apr-Mar)

annual report. "We have started discussions at Lucknow where the agreement falls due next month and we

expect to close it in a cordial manner as in the past," a company spokesperson said in an e-mail to mail. The

company's Lucknow plant makes light commercial vehicles and medium and heavy commercial vehicles.

Tata Motors' India plants are located at Jamshedpur in Jharkhand, Pune in Maharashtra, Pantnagar in

Uttarakhand, Sanand in Gujarat and Dharwad in Karnataka. The company has separate long-term wage

agreements -- typically lasting three to four years -- with the recognised unions at each of the plants. The

company has labour unions for operative grade employees at all its plants across India, except at the

Dharwad plant. In 2015-16, the company had witnessed some incident of labour unrest at its Dharwad

plant. The matter was amicably resolved. Tata Motors Marcopolo, which is also in Dharwad and an

associate company, has a union. On the issue of wage agreement at the Dharwad plant where the

company does not have a union, the company spokesperson said, "With respect to Dharwad, we have the

Works council wherein there are equal representatives of workmen and management. This works council

meets regularly, at least once a month, discusses and manages all the day to day affairs including

conditions of work etc." According to the annual report, around 98% of the operative employees at

Lucknow, Jamshedpur, Pune, Pantnagar and Sanand plants are members of these employee unions. These

employees represent 53% of the total permanent employees at these five plants.

Sphere Global Services up on Rs.10 crore order win (Rs.63, +3%)

Shares of Sphere Global Services advanced as it has received orders worth Rs.10 crore. The company along

with its Indian subsidiary Adroit Infotech has bagged work orders amounting to Rs.10 crore which includes

S4 HANA implementation at pan India level in Supreme Industries. It has bagged order for implementation

of GST Network system, which will be used for the roll out of proposed goods and services at pan India

level in Sudarshan Chemicals and JSW. The said orders are expected to be completed in Financial Year

2017-18 and will execute the orders from the Indian offices. The Company is confident of executing this

order well within the time frame on the back of its expertise, skilled resources and its strong infrastructure.

With this current order, the company gets a significant boost in the organic growth.

Mawana Sugars rises, to enter into onetime settlement with PNB (Rs.90, +3%)

Shares of Mawana Sugars rose as it has agreed to enter into one time settlement with Punjab National

Bank. "The board of directors of Mawana Sugars vide resolution dated March 21, has agreed to enter into

one time settlement with Punjab National Bank (PNB) Muzaffarnagar, Uttar Pradesh," as per company

press release. The company has entered into one time settlement with PNB for resolution of its NPA debt.

With this one time settlement, the company is going to settle its total memoranda dues of Rs.109.46 crore,

for a consolidated agreed amount of Rs.79.79 crore, payable over 15 month without interest.

Nila Infrastructures gains, enters in two LOA with GSRTC (Rs.17, +4%)

Share price of Nila Infrastructures gained as it has entered into two separate letter of acceptance (LOA)

with Gujarat State Road Transport Corporation (GSRTC) for development of bus terminals under public

private partnership. The company has executed LOA for development of Amreli Bus Terminals and another

LOA is executed in consortium with Vyapti Infrabuilt for development of Modasa Bus Terminal. The

3

company will get right to develop, design, finance, construct, operate and maintain the commercial

facilities to be leased upto period of 90 years. Manoj Vadodaria, CMD of Nila Infrastructure said, "In line

with our vision, to contribute to the economic prosperity and growth through participation in project of

national importance, we have got this opportunity to provide a travelling-experience to the passengers of

GSRTC."

Expect 7-10% loan growth next year; collections improving: Magma Fincorp (Rs.104, 0%)

Magma Fincorp, one of India's leading non-banking financial companies (NBFCs), has seen some fund

action as two Mauritius-based funds -- Laurus Mauritius sold 3.33% stake and Indium V (Mauritius) sold

2.03 cr shares. Speaking to media, Kailash Behati, CFO of Magma Fincorp said that there was a significant

drop in collections post demonetisation, in the months of Nov and Dec. However, January onwards it has

been improving. "Demonetisation problem is over and the company has returned to near normal," he said.

Since the rural economy was impacted a bit more due to demonetisation, there were delays in payments in

the tractor segment, he said. Tractor segment forms 20% of the company's overall portfolio. On the loan

growth, he said "Loan book for the current quarter will remain flat but we expect the loan book to grow

between 7 and 10% for the next quarter", he further added. The company has taken approval for selling

part of its assets that have been non-performing (NPA) for two years.

Axis Bank denies CEO Shikha Sharma’s resignation rumours (Rs.485, -1%)

Shares of Axis Bank’s clarification on its MD’s resignation as well as Kotak Mahindra Bank founder’s

comments on Tuesday. “… (The rumour) is false, speculative and is being circulated with the malafide

intention of misleading the investors and the general public,” the lender clarified in a notification to the

exchanges. Meanwhile, Kotak on Tuesday appealed to the government to send “strong signals” to

encourage the private sector to take “honest risks” and “grow fearlessly” and said the time had come for

hostile takeovers in the country. He was speaking in a panel discussion at The Growth Net event. “I would

love to see the merger and acquisition (M&A) market in India get developed further,” he said, adding,” may

be a time has come where we should see some hostile takeovers as well. We have not seen them for a

long-time in this country.” The time has come to move forward and be bold and there will be challenges in

sectors. You are seeing telecom sector going through its challenges and moving forward,” he said. Kotak’s

remarks are significant considering the persistent speculation that Kotak Mahindra Bank was likely to make

a bid for Axis Bank. Before posting Wednesday's gain, the stock fell over 4% in the past three days.

Hudco gets Sebi approval to float IPO

State-run Hudco has received capital markets regulator Sebi's approval to raise funds through an initial

share sale as part of the government's disinvestment drive. Hudco had filed draft papers with the Securities

and Exchange Boardof India (Sebi) in January and got the markets watchdog's "observation" on Mar 10,

which is necessary for any company to launch public offer. The initial public offer will comprise sale of

200,190,000 equity shares --10% stake -- by the central government through an offer for sale (OFS) route,

as per the Draft Red Herring Prospectus (DRHP). A discount of up to 5% on the issue price would be given

to retail investors and Hudco employees. The paid up capital of Housing and Urban Development

Corporation (Hudco) is Rs.2,001.90 crore as on Mar, 2016. The government holds 100% stake in the

company. IDBI Capital, Nomura Financial Advisory and Securities, SBI Capital Markets and ICICI Securities

will manage the company's public issue. The proceeds from Hudco disinvestment will form part of the

government's disinvestment kitty in the current fiscal. The government expects to raise Rs.56,500 crore

4

through minority stake sale and strategic sale in PSUs this fiscal. Of this, Rs.36,000 crore is to come from

minority stake sale in PSUs and another Rs.20,500 crore from strategic stake sale.

Emami Infra up, forms LLP with Sheth Corp for Mumbai project (Rs.75, +20%)

Shares of Emami Infrastructure rose as it has formed Limited Liability Partnership (LLP) with Sheth Corp.

Emami Group and Sheth Corp announce the launch of their flagship project Montana in Mulund, Mumbai

and for that both the companies have formed a LLP for this luxury project. Emami Group has pumped Rs

350 crore to join hands with Sheth Corp for 50% partnership in Mulund project. R.S. Agarwal, Joint

Chairman, Emami Group said, “We along with Sheth Corp, had augured this project in 2015, and today we

are finally launching our flagship development in Mulund christened as Montana. We are confident that

our flagship project Montana will provide the most rewarding and delightful experience to the buyers.”

Positive supply audit report to open floodgates of new orders: Fiberweb India (Rs.298, +5%)

Fiberweb India was buzzing in trade after Wal-Mart auditors gave a thumbs-up to supply audit report.

However, the Chairman and Managing Director Pravin Sheth clarified that it was Lowe's Company that

conducted the surprise audit. Lowe's are the main suppliers to retailers like Wal-Mart, Home Depot and

that the company does not directly supply to Wal-Mart. This positive supply audit report is sure to open

floodgates to news orders for the company, said Sheth. The company manufactures high-quality Spun

Bond Polypropylene Non-Woven roll goods and products thereof, used in Hygiene industry, Agriculture

Crop Cover, Soil Cover, Medical and industrial clothing and many other innovative products, like Bags,

Pillow ticks and Covers, Bed Covers, Curtains, Table Cloth, Garment Interlining, etc. The new order inflow

will help take care of expansions, said Sheth. The compnay plans to expand from 7500 tonnes to 10 tonnes.

ONGC seeks gas price review; wants floor rate fixed at $4.2 (Rs.193, 0%)

State-owned Oil and Natural Gas Corp (ONGC) has sought a review of the natural gas pricing formula as

rates have dropped below cost. India's largest natural gas producer demanded a floor or minimum price of

natural gas be fixed at USD 4.2 per mn British thermal unit for the business to make economic sense. The

BJP-led government in Oct 2014 had evolved a new pricing formula using rates prevelant in gas surplus

nations like the US, Canada and Russia to determine rates in a net importing country. Prices have halved to

USD 2.5 per mmBtu since the formula was implemented. "Keeping in view of cost of production of gas, cost

of alternate fuels and other market dynamics, Ministry of Petroleum and Natural Gas is requested to

review the existing domestic gas price formula and provide a floor price at least to the level of earlier APM

(regulated) price (USD 4.20 per mmBtu)/ non-APM price (USD 4.20 to USD 5.25 per mmbtu) fixed in June

2010," ONGC said in a communique. The new formula provides for revising rates every six months - on

April 1 and October 1, based on one-year average gas price in the surplus nations with a lag of one quarter.

When the formula was implemented, rates went up from USD 4.2 to USD 5.05 per mmBtu but fell to USD

4.66 per mmBtu in April 2015 and to USD 3.82 in October that year. This fiscal, prices further dipped to USD

3.06 per mmBtu in April and to USD 2.50 per mmBtu in October. Oil Minister Dharmendra Pradhan in a

written reply to a question in Lok Sabha on March 20 had stated that the cost of production of natural gas

in the prolific Krishna Godavari basin is between USD 4.99 per mmBtu and USD 7.30 per mmBtu. The same

for other basins is in the range of USD 3.80 per mmBtu to USD 6.59 per mmBtu, he had said adding the

production costs of companies vary from field to field depending upon size of the reservoir, location,

logistcs and availability of surface facilities. Next natural gas price revision is due on April 1 and it is widely

expected that rates may go up by up to 8% to USD 2.7 per mmBtu, still way short of the cost. As per the

mechanism approved in October 2014, the price of domestically produced natural gas is to be revised

5

every six months -- April 1 and October 1 -- using weighted average or rates prevalent in gas-surplus

economies at Henry Hub of US, National Balancing Point of the UK, rates in Alberta (Canada) and Russia

with a lag of one quarter. The rates for April 1, 2017 to September 30, 2017 period will be based on

average price at the international hubs during January 1, 2016 to December 31, 2016. Alongside the rate

for gas from existing fields, the price for undeveloped difficult fields would also go up from current rate of

USD 5.3 per mmBtu. ONGC is the country's biggest gas producer, accounting for some 60% of the 90 mn

standard cubic meters per day current output.

Auditor raises concerns on recovery of ABG Shipyard's receivables (Rs.23, -5%)

GMJ & Co, independent auditor of ABG Shipyard, has raised concerns on recovery amounting to Rs.1,762

crore. Media learns from the report that there are several doubts on possibility of recovery of various

advances and receivables given out by the company to the tune of Rs.1,762 crore. The company is yet to

receive Rs.500 crore of subsidies from the government. The report highlights the fact that the company has

suffered losses consistently which has eroded the net worth. The report also suggests that advances of

Rs.461 crore paid to suppliers are outstanding for a long period and no services have been received in

return. One other serious issue pointed out by the report is the fact that the company has not appointed

an internal auditor as required by Sec 138 of Companies Act of 2013. The issues raised in the report may

affect the company as it is in the process of finding suitors.

Expect CFS volume growth to continue at 5-7%: Allcargo Logistics (Rs.164, -4%)

In an interview to media, Prakash Tulsiani, COO of Allcargo Logistics talking about the business outlook said

he is confident of maintaining the volume growth for container freight station (CFS) at 5-7% going forward

too. Export-import volume growth for the company stood at 1-2%, which is higher than the market, said

Tulsiani, adding that they expect the grow higher than the market in future too. With a good product mix

the margins of container freight station (CFS) would improve, he said.

6

Information of Bulk Deals – 22nd Mar 2017 on BSE

Scrip name Name of Client BUY (B) / SELL (S)

Quantity Shares

Trade Price/ W Avg. Price

Abcindq Abc Financial Services Private Limited B 231,000 89.95

Abcindq Assambengal Carriers S 231,000 89.95

Aiml Chetan Rasiklal Shah B 100,000 141.25

Aiml Malvi And Co S 77,478 140.87

Alora Anil Jaikishandas Mistry B 62,500 23.05

Alora Duke Publishers Private Limited B 100,000 23.15

Alora Jilla And Mehta Financial Services Pvt Ltd . B 100,000 23.95

Alora Kiritbhai Nathubhai Vaghani S 63,000 23.15

Alora Kirti Anil Mistry B 62,500 23.05

Alora Rekhaben Jitubhai Vaghani S 68,900 23.1

Alora Rupal Bhansali B 100,000 23.15

Arfin Gopal Shantilal Shah B 25,000 494.6

Arfin Pritiben Gopalbhai Shah S 24,988 494.58

Atharvent Vinay Kumar Jha B 1,205,000 3.1

Ccfcl Meticulous It Solutions Private Limited B 211,164 2.47

Ccfcl Outstripe Suppliers Private Limited S 260,053 2.45

Ceatltd Jwalamukhi Investment Holdings B 1,432,897 1,290.35

Ceatltd Kotak Mahindra (International) Limited S 1,432,897 1,290.35

Cordscable Ms Param Capital B 1,500,000 76

Cordscable Mukul Mahavir Agrawal S 1,500,000 76

Crowntours Amin Vishvas Kiritbhai Huf B 16,011 35.07

Dbcorp Db Consolidated Private Limited B 59,130,482 385

Dbcorp Girish Agarwal S 13,812,935 385

Dbcorp Jyoti Agarwal S 4,029,194 385

Dbcorp Namita Agarwal S 5,623,387 385

Dbcorp Nitika Agarwal S 2,558,187 385

Dbcorp Pawan Agarwal S 16,877,893 385

Dbcorp Sudhir Agarwal S 15,407,128 385

Devhari Patel Dharmendra M S 400,000 10.1

Edelweiss Deepak Mittal B 4,505,000 136.4

Edelweiss Pooja Mittal S 4,505,000 136.4

Florence Bmf Investments Limited S 1,383,274 640.05

Florence Hari Shankar Singhania Holdings Private Limited B 2,458,268 640.05

Florence Jk Tyre & Industries Limited S 1,074,994 640.05

Grovy Ashish Sharma S 20,500 34.9

Grovy Divinus Promoters Private Limited B 10,000 34

Grovy Pukhraj A Bansal B 12,000 36.1

Hariaexpo Disha Harish Doshi B 115,000 7.9

Healthtech Falguni Ketan Chokshi S 47,000 25.4

Healthtech Ketan Rajnikant Chokshi B 47,000 25.4

7

Hesterbio Hester Coatings Private Limited S 90,000 732.1

Hesterbio Rajiv Dinesh Gandhi B 90,000 732.1

Ibulhsgfin Silene Advisory Services Llp S 2,305,000 922.13

Ibulhsgfin Tupelo Consultancy Llp B 2,305,000 922.13

Ifl Msb E Trade Securities Limited S 36,000 17.97

Ifl Msb E Trade Securities Limited B 48,000 16.73

Ifl Pankaj Piyush Trade And Investment Ltd S 60,000 16.82

Iisl Kaivan Jitendrakumar Shah Huf S 71,700 20.96

Iisl Patel Ganeshbhai B 46,000 20.99

Iisl Shah Jitendrakumar Mafatlal Huf S 76,700 21.09

Iisl Sonam Pankajkumar Shah B 50,000 21.02

Inventure Pioneer Securities Private Limited S 987,317 12.26

Kdml Babita Pikesh Sharma S 112,800 102

Kdml Bikram Keshari Mohanty S 103,200 102

Kdml Clear Water Commodities Private Limited B 96,000 102

Kdml Darshanik Valueserve Private Limited S 112,800 102

Kuberji D K Investments B 20,000 64.95

Mahavirind Jai Ambe Foils Limited B 100,001 6.26

Mainfra Patel Kalpeshbhai Prahladbhai S 124,000 28.88

Mainfra Patel Vinitkumar Manilal B 124,000 28.88

Mancredit Kishor Punamchand Ostwal S 50,000 45

Mancredit Tecknopoint Mercantile Co Private Limited B 50,000 45

Metroglobl Gautamkumar Mithalal Jain S 1,000,000 84.2

Metroglobl Maiden Tradefin Pvt Ltd B 1,000,000 84.2

Mnil Adhunik Technology P B 46,508 74.91

Mnil Shivangi Goyal S 33,000 74.98

Murad Hathila Vaneshbhai Rasubhai B 30,000 19

Murad Ritesh Raju Patil S 25,000 20

Ndl Brijmohan Devkinandan Chiripal S 300,000 112.5

Ndl Nandan Terry Privatelimited B 300,000 112.5

Novapub Epoch Mercantiles Pvt Ltd B 20,000 87.5

Novapub Vrajesh Marketing Private Limited . S 20,000 87.5

Opchains Girraj Kishor Agarwal (Huf) S 40,000 24.95

Opchains Manu Jain B 40,000 24.95

Panafic Lalit Mohanlal Jain S 990,865 8.92

Redington Standard Chartered Private Equity (Mauritius) Limited

S 15,968,633 109.25

Rpower Reliance Infradevelopment Private Limited S 60,000,000 47.25

Rpower Reliance Wind Turbine Installators Industries Private Limited

B 60,000,000 47.25

Rubrame Shriram Credit Company Limited S 50,000 1.37

Sflinter Active Nirman Private Limited S 30,000 42.2

Sflinter Sumangal Vintrade Pvt. Ltd. S 20,000 42.25

Sflinter Sunilkumar Bhikhabhai Nayi S 19,800 42.69

8

Shivacem Binita Gadodia S 1,100,000 19.15

Shivacem Shavaria Tradecom Private Limited B 1,100,000 19.15

Soutlat Hareeshankar M S 350,000 9.5

Soutlat It Village Com Private Limited B 350,438 9.5

Suchitra Attribute Shares & Securities Pvt Ltd S 246,900 21.75

Suchitra Golden Medows Export Private Limited S 153,100 21.75

Suchitra Marigold Investrade Private Limited B 415,000 21.75

Sw1 Glint Infraprojects Private Limited S 45,000 148.5

Sw1 Satguru Capital And Finance Pvt Ltd B 45,100 148.5

Swarnsar Swarnsarita Jewellers Private Limited B 150,000 22.5

Transchem Avdesh Kumar Singh S 550,000 17.25

Transchem Jms Mining Services Private Limited B 535,000 17.25

Unison Forpee Fincap India Private Limited S 63,500 39.2

Unison Intech Project Service Pvt Ltd B 63,500 39.2

Valiant Banyan Capital Advisors Llp -Pms1 B 65,000 72.25

Valiant Ostrich Estate Private Limited S 150,000 72.15

Vgcl Niren Champaklal Ajmera Huf B 180,000 19.1

Vgcl Richa Jain S 180,000 19.1

Voracon Arcadia Share & Stock Brokers Pvt. Ltd B 23,000 58.28

Voracon Deepak D Apte S 10,000 58.2

Voracon Sureshkumar Girdharilal Sarda S 32,000 58.12

Westlife Decent Enterprises S 2,071,636 209.53

Westlife Eastern Trading Company B 2,020,000 209.5

Wisec Amin Vishvas Kiritbhai Huf B 45,828 4.94

Wockpharma Amalthea Consultants S 1,800,000 737

Wockpharma Habil Khorakiwala Trust B 5,400,000 737

Wockpharma Hnz Consultants S 1,800,000 737

Wockpharma Lysithea Consultants S 1,800,000 737

Zeal Trupti Hemant Sarvaiya S 25,000 325

Znivemer Glint Infraprojects Private Limited S 300,000 42

Znivemer Satguru Capital And Finance Pvt Ltd B 290,039 42

Information Of Bulk Deals – 22nd Mar 2017 On NSE

Scrip name Name of Client BUY (B) / SELL (S)

Quantity Shares

Trade Price/ W Avg. Price

Advanced Enzyme Tech Ltd

Chandrakant Rathi Innovations And Projects Private Limited

B 137235 2134.13

Apollo Tyres Ltd. Motlay Finance Private Limited B 2919540 202.27

Apollo Tyres Ltd. Onkar Singh Kanwar S 2919540 202.27

Can Fin Homes Ltd Chhattisgarh Investments Limited B 470000 2100

Can Fin Homes Ltd Csp Investments S 470000 2100

Dish Tv India Limited Goel Laxmi Narain B 7469759 106.55

Dish Tv India Limited L N Minerals Llp S 7469759 106.55

9

Emami Infrastructure Ltd Vijit Asset Management Private Limited B 180000 75.14

Gss Infotech Limited Pace Stock Broking Services Private Limited S 89588 23.9

Inventure Gro & Sec Ltd Pioneer Securities Private Limited S 962683 12.27

Mt Educare Ltd Lts Investment Fund Ltd B 280000 84.45

Mt Educare Ltd New Berry Capitals Private Limited S 280000 84.45

Rajvir Industries Limited Arti Agarwal S 30000 41.85

Rajvir Industries Limited Dipali R Gandhi B 30055 41.85

Ramky Infra Ltd Sa 1 Holding Infrastructure Company Private Limited

S 775000 91.86

Sanginita Chemicals Ltd Fincred Investments Limited S 534000 22

Stampede Capital Ltd Inditrade Commodities Trading Limited S 1150000 20.26

Stampede Capital Ltd Shree Bhuvanakaram Tradinvest Pvt Ltd B 2093505 20.8

Stampede Capital Ltd Shree Bhuvanakaram Tradinvest Pvt Ltd S 2068642 20.99

Star Paper Mills Ltd Punjab National Bank S 100000 145.73

Tricom India Limited Rajiv Bhatia S 659676 0.5

Uflex Limited Ashok Kumar Chaturvedi Huf B 860000 286

Uflex Limited Chaturvedi Ashok Kumar S 430000 286

Uflex Limited Chaturvedi Rashmi S 430000 286

10

Disclosures Under SEBI (Prohibition Of Insider Trading) Regulations, 2015

Company Name Name of Acquirer / Seller Securities Held pre Transaction

Securities Acquired / Disposed Number Value Transaction Type

Securities held post Transaction

Period

HDFC.Ltd. Gopal Krishnan 61381 (-) 2,500 3667500 Disposal 58881 (-) 21/03/2017

HDFC.Ltd. Karnad Raj Kumar 9411 (-) 1,745 2558030 Disposal 7666 (-) 21/03/2017

HDFC.Ltd. Ignatius C V 127812 (-) 706 1033443 Disposal 127106 (-) 20/03/2017

HDFC.Ltd. Chaudhari S K 175600 (-) 10,000 14622300 Disposal 165600 (-) 20/03/2017

HDFC.Ltd. Niranjan T N 11015 (-) 5,894 8451996 Disposal 5121 (-) 17/03/2017

HDFC.Ltd. Shikha Jain 4600 (-) 1,000 1445000 Disposal 3600 (-) 16/03/2017

HDFC.Ltd. P Edwin Thomas 15125 (-) 500 731000 Disposal 14625 (-) 20/03/2017

HDFC.Ltd. P Edwin Thomas 14625 (-) 200 293000 Disposal 14425 (-) 21/03/2017

HDFC.Ltd. Manjunath B 14016 (-) 500 730000 Disposal 13516 (-) 20/03/2017

HDFC.Ltd. Gupta Prosenjit 146408 (-) 1,000 1467000 Disposal 145408 (-) 21/03/2017

HDFC.Ltd. Rajadnya Harshad Ravindra 11445 (-) 1,000 1468000 Disposal 10445 (-) 21/03/2017

HDFC.Ltd. Gole Anand S 648 (-) 600 874200 Disposal 48 (-) 20/03/2017

HDFC.Ltd. Maulik Navin Shah 13393 (-) 100 144230 Disposal 13293 (-) 17/03/2017

HDFC.Ltd. Maulik Navin Shah 13293 (-) 2,425 3543774 Disposal 10868 (-) 20/03/2017

HDFC.Ltd. Umasankar C 99 (-) 40 55640 Disposal 59 (-) 20/02/2017


HDFC.Ltd. Quadras Leera H 31210 (-) 50 72118 Disposal 31160 (-) 17/03/2017


HDFC.Ltd. Hiral Badani 9665 (-) 300 425400 Disposal 9365 (-) 14/03/2017

HDFC.Ltd. Veerabahu Vithal Puthran 7385 (-) 200 290000 Disposal 7185 (-) 20/03/2017

HDFC.Ltd. Gavas Ram Arjun 7357 (-) 350 497000 Disposal 7007 (-) 14/03/2017


HDFC.Ltd. Misal Nitin D 22239 (-) 50 69950 Disposal 22189 (-) 14/02/2017





11






HDFC.Ltd. Gupta Sandeep 11780 (-) 300 432600 Disposal 11480 (-) 16/03/2017

HDFC.Ltd. Satyanarayana A 25 (-) 25 34475 Disposal 0 (-) 06/03/2017

HDFC.Ltd. Shameer Attupurathu Siddique 150 (-) 20 28036 Disposal 130 (-) 06/02/2017



HDFC.Ltd. Santhosh Kumar Venkatasamy 500 (-) 100 140000 Disposal 400 (-) 15/02/2017

HDFC.Ltd. Santhosh Kumar Venkatasamy 400 (-) 400 567960 Disposal 0 (-) 17/02/2017

HDFC.Ltd. Raji Avinash Sonawale 3070 (-) 350 505750 Disposal 2720 (-) 20/03/2017

HDFC.Ltd. Bhumika Arvind Parekh 11427 (-) 300 438762 Disposal 11127 (-) 20/03/2017

HDFC.Ltd. Rajadnya Harshad Ravindra 14445 (-) 3,000 4379610 Disposal 11445 (-) 20/03/2017

HDFC.Ltd. Joseph Mathew 320000 (-) 4,000 5836480 Disposal 316000 (-) 20/03/2017

HDFC.Ltd. Pushp Raina 23130 (-) 1,000 1457000 Disposal 22130 (-) 20/03/2017

HDFC.Ltd. Parmar Sunil 2150 (-) 400 568000 Disposal 1750 (-) 14/03/2017

HDFC.Ltd. Parmar Sunil 1750 (-) 500 731000 Disposal 1250 (-) 20/03/2017

HDFC.Ltd. Hampannavar Girish M 6660 (-) 25 34978 Disposal 6635 (-) 02/02/2017











HDFC.Ltd. Arivazhagan R 365143 (-) 8,000 11696000 Disposal 357143 (-) 20/03/2017

HDFC.Ltd. Agarwal Ajay 48340 (-) 500 728000 Disposal 47840 (-) 17/03/2017

HDFC.Ltd. Agarwal Ajay 47840 (-) 500 731000 Disposal 47340 (-) 20/03/2017

12

HDFC.Ltd. Somashekar S N 42220 (-) 1,000 1462800 Disposal 41220 (-) 20/03/2017

HDFC.Ltd. Ashwin Bharadwaj Santhanam 3500 (-) 400 571200 Disposal 3100 (-) 15/03/2017

HDFC.Ltd. Ashwin Bharadwaj Santhanam 3100 (-) 300 439299 Disposal 2800 (-) 20/03/2017

HDFC.Ltd. Viral S Bhatt 6140 (-) 300 435999 Disposal 5840 (-) 17/03/2017

HDFC.Ltd. Viral S Bhatt 5840 (-) 800 1166400 Disposal 5040 (-) 20/03/2017

HDFC.Ltd. Murali K V 29775 (-) 1,500 2188260 Disposal 28275 (-) 20/03/2017

HDFC.Ltd. Varghese Paul 25272 (-) 100 142350 Disposal 25172 (-) 14/03/2017




HDFC.Ltd. Amruta Amod Pethe 19205 (-) 100 145466 Disposal 19105 (-) 20/03/2017




HDFC.Ltd. Pooja Bihani 5025 (-) 500 724000 Disposal 4525 (-) 16/03/2017

HDFC.Ltd. Pooja Bihani 4525 (-) 100 146400 Disposal 4425 (-) 20/03/2017

HDFC.Ltd. Nayak Lata K 8400 (-) 200 283200 Disposal 8200 (-) 14/03/2017




HDFC.Ltd. Gopal Krishnan 61381 (-) 2,500 3667500 Disposal 58881 (-) 21/03/2017

HDFC.Ltd. Ignatius C V 127812 (-) 706 1033443 Disposal 127106 (-) 20/03/2017

HDFC.Ltd. Chaudhari S K 175600 (-) 10,000 14622300 Disposal 165600 (-) 20/03/2017

HDFC.Ltd. Sanjiv Kumar Sinha 200 (-) 50 72340 Disposal 150 (-) 16/03/2017

HDFC.Ltd. Sanjiv Kumar Sinha 150 (-) 50 72750 Disposal 100 (-) 17/03/2017

HDFC.Ltd. Bansal Satyendra K 5200 (-) 200 288662 Disposal 5000 (-) 17/03/2017

HDFC.Ltd. Bansal Satyendra K 5000 (-) 400 583000 Disposal 4600 (-) 20/03/2017

HDFC.Ltd. Meghna Jain 400 (-) 100 141552 Disposal 300 (-) 09/02/2017






13


HDFC.Ltd. Hiral Badani 9665 (-) 300 425400 Disposal 9365 (-) 14/03/2017

HDFC.Ltd. Veerabahu Vithal Puthran 7385 (-) 200 290000 Disposal 7185 (-) 20/03/2017













HDFC.Ltd. Gupta Sandeep 11780 (-) 300 432600 Disposal 11480 (-) 16/03/2017

Bombay Dyeing & Mfg.Co.Ltd. N W Exports Limited 27983555 (13.55) 2,79,78,555 191.93 Crores Disposal 5000 (0.01) 20/03/2017

Hdfc Bank Ltd Ashish Parthasarthy 283231 (0.01) 10,000 14250000 Disposal 273231 (0.01) 20/03/2017

Hdfc Bank Ltd Anand Dusane 115750 (0.00) 750 1050000 Disposal 115000 (0.00) 20/03/2017

Hdfc Bank Ltd Atul Sadashiv Barve 28600 (0.00) 2,500 3598245 Disposal 26100 (0.00) 21/03/2017

Hdfc Bank Ltd Benjamin Frank 86284 (0.00) 2,000 2868000 Disposal 84284 (0.00) 20/03/2017

Hdfc Bank Ltd Michael Andrade 174629 (0.01) 1,000 1433210 Disposal 173629 (0.01) 20/03/2017

Hdfc Bank Ltd Paresh Sukthankar 831155 (0.03) 10,000 14253631 Disposal 821155 (0.03) 17/03/2017

Hdfc Bank Ltd Parag Rao 53500 (0.00) 3,000 4317690 Disposal 50500 (0.00) 20/03/2017

Hdfc Bank Ltd Rajender Sehgal 55886 (0.00) 3,000 4313000 Disposal 52886 (0.00) 21/03/2017

Hdfc Bank Ltd Govind Pandey 66350 (0.00) 2,000 2879800 Disposal 64350 (0.00) 21/03/2017

Hdfc Bank Ltd Navin Puri 115388 (0.00) 20,000 28668362 Disposal 95388 (0.00) 20/03/2017

Hdfc Bank Ltd Rajesh Manohar Acharya 23000 (0.00) 2,000 2800000 Disposal 21000 (0.00) 22/03/2017

Hdfc Bank Ltd Rajinder Babbar 65600 (0.00) 1,000 1431400 Disposal 64600 (0.00) 20/03/2017

Hdfc Bank Ltd Sanjay Dsouza 5000 (0.00) 2,000 2875000 Disposal 3000 (0.00) 21/03/2017

Hdfc Bank Ltd Vivek Anant Joshi 15372 (0.00) 5,000 7190000 Disposal 10372 (0.00) 21/03/2017

Hdfc Bank Ltd Shivayogi B Kubasad 83000 (0.00) 2,000 2800000 Disposal 81000 (0.00) 21/03/2017

Hdfc Bank Ltd Barkat Velani 45150 (0.00) 2,250 3150000 Disposal 42900 (0.00) 20/03/2017

14

Hdfc Bank Ltd Dhananjay Tiwari 95000 (0.00) 5,000 7153663 Disposal 90000 (0.00) 20/03/2017

Hdfc Bank Ltd Rajesh K Lahori 80400 (0.00) 5,000 7218800 Disposal 75400 (0.00) 21/03/2017

Hdfc Bank Ltd B Ramdoss 28000 (0.00) 1,000 1400000 Disposal 27000 (0.00) 20/03/2017

Hdfc Bank Ltd Sameer Sharad Malekar 15000 (0.00) 810 1159398 Disposal 14190 (0.00) 20/03/2017

Hdfc Bank Ltd Merwin Paul Fernandes 1750 (0.00) 1,215 1701000 Disposal 535 (0.00) 20/03/2017

Hdfc Bank Ltd Hanica Fernandes 5000 (0.00) 3,660 5126086 Disposal 1340 (0.00) 20/03/2017

Hdfc Bank Ltd Praful Kumar Chhajer 51185 (0.00) 6,278 8789200 Disposal 44907 (0.00) 20/03/2017

Hdfc Bank Ltd Paresh Soni 39000 (0.00) 500 700000 Disposal 38500 (0.00) 20/03/2017

Hdfc Bank Ltd Harsh Gupta 1000 (0.00) 1,000 1400000 Disposal 0 (0.00) 20/03/2017

Hdfc Bank Ltd Shashi Ranjan Mishra 1907 (0.00) 200 280000 Disposal 1707 (0.00) 20/03/2017

Hdfc Bank Ltd Amit Lad 2600 (0.00) 1,000 1400000 Disposal 1600 (0.00) 20/03/2017

Hdfc Bank Ltd M R Ananth Murthy 27756 (0.00) 400 562629 Disposal 27356 (0.00) 20/03/2017

Hdfc Bank Ltd Llewellyn Dsouza 6811 (0.00) 1,100 1579314 Disposal 5711 (0.00) 20/03/2017

Lupin Ltd. Umar Faisal 2000 (-) 1,180 1694822.53 Disposal 820 (-) 16/03/2017

Mahindra & Mahindra Ltd. Ashok Sharma 4420 (0.01) 2,000 2604580 Disposal 2420 (0.01) 20/03/2017

Itc Ltd. Vidyaprakash Prabhakaran Menon 54350 (0.00) 5,000 1440176 Disposal 49350 (-) 17/03/2017

Itc Ltd. Debojit Ghosh 82665 (0.00) 15,000 4250067 Disposal 67665 (-) 17/03/2017

Itc Ltd. L. Prabhakar 248750 (0.00) 8,750 2477460 Disposal 240000 (-) 17/03/2017

Itc Ltd. Harit Shroff 6000 (0.00) 1,500 405075 Disposal 4500 (-) 16/03/2017

Itc Ltd. Harit Shroff 41750 (0.00) 27,000 7736721 Disposal 14750 (-) 17/03/2017

Itc Ltd. Sumita C. Majumdar 38632 (0.00) 500 137500 Disposal 38132 (-) 02/02/2017

Itc Ltd. Sumita C. Majumdar 42632 (0.00) 2,500 713156 Disposal 40132 (-) 17/03/2017

Itc Ltd. P. J. Anand 142811 (0.00) 15,000 4263567 Disposal 127811 (-) 17/03/2017

Itc Ltd. Milan Anandan 48675 (0.00) 10,000 2868500 Disposal 38675 (-) 17/03/2017

Itc Ltd. P. Ramkumar 196650 (0.00) 12,000 3396906 Disposal 184650 (-) 17/03/2017

Itc Ltd. Ashit Kumar 205900 (0.00) 25,000 7088250 Disposal 180900 (-) 17/03/2017

Itc Ltd. Sunil Kumar C. S. 100000 (0.00) 10,000 2840000 Disposal 90000 (-) 17/03/2017

Itc Ltd. K. Srinivas 177907 (0.00) 23,457 6489164 Disposal 154450 (-) 17/03/2017

Itc Ltd. G. Krishna Kumar 326770 (0.00) 30,000 8540000 Disposal 296770 (-) 17/03/2017

Itc Ltd. Nirmallya Ghosal 208848 (0.00) 51,000 14320851 Disposal 157848 (-) 17/03/2017

Itc Ltd. T. Satish Kumar 45050 (0.00) 10,000 2823000 Disposal 35050 (-) 17/03/2017

Itc Ltd. Somnath Banerjee 41500 (0.00) 15,000 4275200 Disposal 26500 (-) 17/03/2017

Itc Ltd. Rohit Dogra 6890 (0.00) 5,000 1415451 Disposal 1890 (-) 17/03/2017

15

Itc Ltd. V. Sesha Sai Reddy 20000 (0.00) 8,000 2246440 Disposal 12000 (-) 17/03/2017

Itc Ltd. C. V. Sarma 243170 (0.00) 20,000 5593109 Disposal 223170 (-) 17/03/2017

Itc Ltd. Sachin Sharma 95325 (0.00) 500 139650 Disposal 94825 (-) 07/02/2017

Itc Ltd. Sachin Sharma 124825 (0.00) 1,000 287310 Disposal 123825 (-) 17/03/2017

Itc Ltd. Samuel D. Rajakumar 55500 (0.00) 5,000 1433795 Disposal 50500 (-) 17/03/2017

Itc Ltd. V. Gopinath 34250 (0.00) 5,000 1078850 Disposal 29250 (-) 17/03/2017

Itc Ltd. Narottam Thanvi 25157 (0.00) 4,000 1142000 Disposal 21157 (-) 17/03/2017

Itc Ltd. Subramanian Balakrishnan 79500 (0.00) 5,000 1425000 Disposal 74500 (-) 17/03/2017

Itc Ltd. Vijay Nagpal 123720 (0.00) 5,500 1554305 Disposal 118220 (-) 17/03/2017

Itc Ltd. Jagdish Singh 70000 (0.00) 30,000 8444215 Disposal 40000 (-) 17/03/2017

Itc Ltd. Rakesh Sachar 41400 (0.00) 10,000 2861713 Disposal 31400 (-) 17/03/2017

Itc Ltd. Abhijit Chakrawarti 39268 (0.00) 10,000 2876250 Disposal 29268 (-) 17/03/2017

Itc Ltd. S. S. H. Rehman 37732 (0.00) 10,000 2850700 Disposal 27732 (-) 17/03/2017

Itc Ltd. Nakul Anand 457475 (0.00) 1,55,000 44180868 Disposal 302475 (-) 17/03/2017

Itc Ltd. B. B. Chatterjee 428000 (0.00) 72,000 20614898 Disposal 356000 (-) 17/03/2017

Itc Ltd. Samuel D. Rajakumar 55500 (0.00) 5,000 1433795 Disposal 50500 (-) 17/03/2017

Itc Ltd. R. K. Singhi 120900 (0.00) 5,500 1499001 Disposal 115400 (-) 17/03/2017

Itc Ltd. Arun Bose 26310 (0.00) 10,000 2811845 Disposal 16310 (-) 17/03/2017

Itc Ltd. S. Venkatachalam 84761 (0.00) 26,000 7435000 Disposal 58761 (-) 17/03/2017

Itc Ltd. K. Radhakrishnan 55840 (0.00) 6,100 1746743 Disposal 49740 (-) 17/03/2017

Itc Ltd. Raja Ramakrishna 78279 (0.00) 10,000 2825000 Disposal 68279 (-) 17/03/2017

Itc Ltd. Biswajit Basak 75530 (0.00) 20,000 5650000 Disposal 55530 (-) 17/03/2017

Itc Ltd. Surendra Pal Singh 5000 (0.00) 5,000 1415750 Disposal 0 (-) 16/03/2017

Itc Ltd. Sudip Kumar Bose 148500 (0.00) 16,000 4535939 Disposal 132500 (-) 17/03/2017

Itc Ltd. Ramesh Kumar B 5000 (0.00) 4,000 1098125 Disposal 1000 (-) 17/03/2017

Itc Ltd. Ch. Sree Ramaraju 13000 (0.00) 8,000 2280000 Disposal 5000 (-) 17/03/2017

Itc Ltd. Dhananjoy Samanta 27500 (0.00) 1,500 423080 Disposal 26000 (-) 17/03/2017

Itc Ltd. Dhananjoy Samanta 30000 (0.00) 1,000 286230 Disposal 29000 (-) 17/03/2017

Itc Ltd. Anil Sharma Spouse Of Benita Sharma 35000 (0.00) 22,500 6288128 Disposal 12500 (-) 17/03/2017

Itc Ltd. K Manu 0 (0.00) 27,000 5362200 Acquisition 27000 (-) 16/03/2017

Itc Ltd. K Manu 27000 (0.00) 21,000 6021960 Disposal 6000 (-) 17/03/2017

Itc Ltd. Akshay Kumar Pundir 24000 (0.00) 18,000 5145840 Disposal 6000 (-) 17/03/2017

Itc Ltd. Rajaram D. Mundhara 21930 (0.00) 4,000 1100971 Disposal 17930 (-) 17/03/2017

16

Itc Ltd. Malay Kumar Saha 3600 (0.00) 3,600 973454 Disposal 0 (-) 14/03/2017

Itc Ltd. Malay Kumar Saha 10000 (0.00) 3,000 855000 Disposal 7000 (-) 17/03/2017

Itc Ltd. M V Karthick 13600 (0.00) 13,600 3884160 Disposal 0 (-) 17/03/2017

Vardhman Textiles Ltd. Vardhman Holdings Ltd 14037827 (24.46) 3,798 5047542 Acquisition 14041625 (24.47) 21/03/2017

Banswara Syntex Ltd.-$ Mefcom Capital Markets Limited 509000 (3.00) 7,500 1097814.15 Disposal (2.96) 20/03/2017

Banswara Syntex Ltd.-$ Mefcom Capital Markets Limited 501500 (2.96) 500 73118.50 Disposal (2.95) 21/03/2017

Orient Abrasives Ltd.-$ Chetan N Shah 215796 (0.18) 10,500 401186.82 Acquisition 226296 (0.18) 16/03/2017

La Tim Metal & Industries Ltd La Tim Sourcing (India) Private Limited 219744 (10.01) 21,000 7.10 Lacs Disposal 198744 (9.06) 20/03/2017

La Tim Metal & Industries Ltd La Tim Sourcing (India) Private Limited 198744 (9.06) 15,000 4.82 Lacs Disposal 183744 (8.37) 21/03/2017

Deepak Nitrite Ltd.-$ Deepak C Mehta 20940040 (16.02) 2,11,291 24961465 Acquisition 21151331 (16.18) 20/03/2017

Finkurve Financial Services Ltd Mrs. Kalawati Kothari 8272600 (8.56) 2,00,000 Disposal (8.36) 21/03/2017

Finkurve Financial Services Ltd Mrs. Bhavna Bafna (-) 2,00,000 Acquisition (0.21) 21/03/2017

Deccan Gold Mines Ltd. Rama Mines (Mauritius) Limited 25519344 (28.14) 48,092 Disposal (28.09) 16/03/2017

Deccan Gold Mines Ltd. Rama Mines (Mauritius) Limited 25519344 (28.14) 48,092 Disposal (28.09) 16/03/2017

Jyoti Structures Ltd. Narech Valecha 17700 (0.01) 1,000 8750 Disposal 16700 (0.15) 20/03/2017

Jyoti Structures Ltd. Naresh Valecha 21200 (0.01) 3,500 31850 Disposal 17700 (0.01) 20/03/2017

Cochin Minerals & Rutile Ltd.-$ S N Sasidharan Kartha 1334320 (17.04) 4,366 484000 Acquisition (17.09) 21/03/2017

Jm Financial Ltd.-$ Bhanu Katoch 505843 (0.06) 35,400 2895279.12 Disposal 470443 (0.06) 20/03/2017

Jm Financial Ltd.-$ Bhanu Katoch 470443 (0.06) 20,000 1636297.06 Disposal 450443 (0.06) 21/03/2017

Shetron Ltd. Diwakar S Shettty 475917 (5.28) 203 8587 Acquisition 476120 (5.29) 16/03/2017

Swarnsarita Gems Ltd Swarnsarita Jewellers Pvt Ltd 8078761 (38.70) 1,50,000 3421224 Acquisition 8228761 (39.41) 21/03/2017

Apar Industries Ltd. Templeton Strategic Emerging Markets Fund Iii

3636363 (9.50) 36,36,363 2570359187 Disposal (-) 17/03/2017

Glenmark Pharmaceuticals Ltd. Rajesh V Desai 114167 (0.04) 5,000 4408595.06 Disposal 109167 (0.04) 20/03/2017

Divi's Laboratories Ltd. K Mallaiah 10000 (0.01) 10,000 7673700 Disposal (0.00) 20/03/2017

Navin Fluorine International Limited-$

Shekhar S Khanolkar 6091 (0.06) 500 1341965 Disposal 5591 (0.06) 17/03/2017

3i Infotech Ltd. Idbi Trusteeship Services Limited 5000000 (-) 11,10,617 5431934 Disposal 3889383 (0.34) 21/03/2017

Sasken Technologies Ltd Nilima Rajesh Doshi 49789 (0.29) 4,500 1792997 Acquisition 54289 (0.32) 15/03/2017

Allcargo Logistics Ltd. Mr. Subrata Mukhopadhyay 12861 (0.01) 12,861 2190152 Disposal (-) 21/03/2017

Tech Mahindra Ltd. Basanta Kumar Mishra 8000 (-) 1,000 483800 Disposal 7000 (0.00) 14/03/2017

Tech Mahindra Ltd. Basanta Kumar Mishra 7000 (-) 1,000 479440 Disposal 6000 (0.00) 17/03/2017

Tech Mahindra Ltd. Shrinivas M Kabbe (-) 500 241843.75 Disposal (-) 17/03/2017

Nitin Fire Protection Industries Rahul Nitin Sanghavi Karta (Rahul Nitin 8942183 (3.06) 2,260 48703 Invoke 8939923 (3.06) 15/03/2017

17

Ltd. Sanghavi Huf)

Adani Ports And Special Economic Zone Ltd.

Mahadevia Malay Rameshchandra Huf 500000 (0.02) 3,00,000 96842801.79 Acquisition 800000 (0.04) 21/03/2017

Adani Ports And Special Economic Zone Ltd.

Malay Mahadevia 1134188 (0.05) 3,00,000 96238494.24 Disposal 834188 (0.04) 21/03/2017

Persistent Systems Ltd. Rama Purushottam Foundation 3999999 (4.99) 11,753 7384179.02 Disposal 3988246 (4.98) 20/03/2017

Persistent Systems Ltd. Mritunjay Kumar Singh 80400 (0.10) 10,000 6356770.50 Disposal 70400 (0.08) 17/03/2017

Persistent Systems Ltd. Girish Bharne 600 (0.01) 600 374528 Disposal (-) 16/03/2017

Gkb Ophthalmics Ltd. Krishna Gopal Gupta & Sons (Huf) 166318 (-) 563 74014.97 Acquisition 166881 (4.02) 20/03/2017

Asian Hotels (West) Ltd. Sandeep Gupta 390099 (3.40) 4,642 1013301 Acquisition 394741 (3.45) 21/03/2017

Surana Solar Limited Narendra Surana 4116846 (8.36) 45,685 948740 Disposal 4071161 (8.27) 21/03/2017

Inventure Growth & Securities Ltd.

Pioneer Securities Private Limited 1393737 (-) 7,00,000 12670000 Acquisition 2093737 (2.49) 15/03/2017

Inventure Growth & Securities Ltd.

Pioneer Securities Private Limited 1306263 (-) 7,00,000 12635000 Acquisition 2006263 (2.39) 15/03/2017

Srs Ltd. Btl Holding Company Limited 130276864 (46.76) 6,39,322 2641402 Disposal 129637542 (46.53) 20/03/2017

Dr. Lal Pathlabs Ltd Archana Lal 2240000 (2.70) 1,02,118 96784025 Disposal 2137882 (2.57) 21/03/2017

18

Rating Scale This is a guide to the rating system used by our Institutional Research Team. Our rating system comprises of six rating categories, with a corresponding risk rating.

Risk Rating Risk Description Predictability of Earnings / Dividends; Price Volatility

Low Risk High predictability/ Low volatility

Medium Risk Moderate predictability / volatility

High Risk Low predictability/ High volatility

Total Expected Return Matrix Rating Low Risk Medium Risk High Risk

Buy Over 15 % Over 20% Over 25%

Accumulate 10 % to 15 % 15% to 20% 20% to 25%

Hold 0% to 10 % 0% to 15% 0% to 20%

Sell Negative Returns Negative Returns Negative Returns

Neutral Not Applicable Not Applicable Not Applicable

Not Rated Not Applicable Not Applicable Not Applicable

Please Note

Recommendations with “Neutral” Rating imply reversal of our earlier opinion (i.e. Book Profits / Losses).

** Indicates that the stock is illiquid With a view to combat the higher acquisition cost for illiquid stocks; we have enhanced our return criteria for such stocks by five percentage points.

“Desk Research Call” is based on the publicly available information on the companies we find interesting and are quoting at attractive valuations. While we do not claim that we have compiled information based on our meeting with the management, we have taken enough care to ensure that the content of the report is reliable. Although we have christened the report as “Desk Research Calls” (DRC), we intend to release regular updates on the company as is done in our other rated calls.

For any information or suggestion, please contact the below mentioned…

Nishita Shah ([email protected])

Sushil Financial Services Private Limited Member BSE: SEBI Regn.No. INB/F010982338 | Member NSE: SEBI Regn.No.INB/F230607435.

Office: 12, Homji Street, Fort, Mumbai 400 001. Phone +91 22 4093 6000 Fax +91 22 2266 5758

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19

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Documents

WORLD INDICES & INDIAN ADRs (US$) 22-Mar-17 refer to important disclosures at the end of the report For private ... resolved. Tata Motors Marcopolo, ... through participation in project