SBBJ

SBBJ: Members of the Exchange are hereby informed that the trading in Securities of State Bank of Bikaner and Jaipur shall be suspended w.e.f. March 16, 2017 (i.e. closing hours of trading on March 15, 2017) on account of Scheme of Amalgamation.

The Exchange had sought clarification from State Bank Of Bikaner And Jaipur with respect to announcement dated 02-Nov-2016, regarding "State Bank Of Bikaner And Jaipur has informed the Exchange that Shri Dibakar Mohanty, is appointed as the Managing Director of the Bank with effect from the November 01, 2016 under Section 29(1) of the State Bank of India (Subsidiary Banks) Act, 1959. Shri Jyoti Ghosh has retired from the post of the Managing Director with effect from 31.10.2016 on his superannuation."Company inform the Exchange with respect to disclosure of relationships between directors (in

The Exchange had sought clarification from State Bank Of Bikaner And Jaipur with respect to announcement dated 02-Nov-2016, regarding "State Bank Of Bikaner And Jaipur has informed the Exchange that Shri Dibakar Mohanty, is appointed as the Managing Director of the Bank with effect from the November 01, 2016 under Section 29(1) of the State Bank of India (Subsidiary Banks) Act, 1959. Shri Jyoti Ghosh has retired from the post of the Managing Director with effect from 31.10.2016 on his superannuation.".On basis of above the Company is required to clarify following:1. Brief profile (in case of a

SBBJ:The Exchange has sought clarification from State Bank Of Bikaner And Jaipur with respect to announcement dated 02-Nov-2016, regarding "State Bank Of Bikaner And Jaipur has informed the Exchange that Shri Dibakar Mohanty, is appointed as the Managing Director of the Bank with effect from the November 01, 2016 under Section 29(1) of the State Bank of India (Subsidiary Banks) Act, 1959. Shri Jyoti Ghosh has retired from the post of the Managing Director with effect from 31.10.2016 on his superannuation.".On basis of above the Company is required to clarify following:1. Brief profile (in case

Significant increase in volume has been observed in State Bank Of Bikaner And Jaipur. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. State Bank Of Bikaner And Jaipur has submitted their response.

Spurt in Volume : Substantial increase in trading volumes have been observed in State Bank of Bikaner and Jaipur.. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. State Bank of Bikaner and Jaipur has vide its letter inter-alia stated," There is no such information/announcement or any pending announcement which in our opinion may had a bearing on the price/volume behavior in the scrip."

News Verification : The media had reports that . "SBI to merge five subsidiary banks with itself as it prepares to fund the economy.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. has vide its letter inter-alia stated," a) No such negotiations are taking place at the moment. b) There is no such information that has not been announced to the Exchanges, which could explain the aforesaid movement in the trading."