DIVISION CHIEF
SECONDARY MARKET DEPATMENT

SMD/RCG/KR/ /96
August 31, 1996

To,

The Executive/Managing Director
of all Stock Exchanges

Dear Sir,

You are requested to please furnish the information for your stock exchange with reference to part (a) & (b) of Parliament Question diary no. 14831, which are reproduced below :

a) The number of companies whose shares are being quoted below par :

b) If so, the reasons therefor :

The information for part (a) should be furnished in the following format.

(1)                                                                                                      (2)

Total number of companies for which your             Out of (1), number of companies whose shares
Exchange is the Regional Stock Exchange.               are quoting below par

Please note that the above mentioned information should be based on the last traded price of the scrips in your Exchange.

Please treat this as MOST URGENT, as the reply to the Question is to the sent to the Government by September 4, 1996, and, therefore, you are requested to please arrange to send the information by Fax, so as to reach us latest by September 03, 1996.

Thanking you,

Yours faithfully,
sd/-

R.C. GUPTA

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