THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM):
(a) and (b) Yes, Sir. The Securities and Exchange Board of India (SEBI) has informed that
under Regulation 20 of the SEBI (Foreign Institutional Investors) Regulations, 1995,
the issuers of PNS are required to report the date on outstanding PN to SEBI on monthly
basis. A format has been prescribed for the said PN reporting. The date received through
the monthly reports are collated every month.
(c) As per the prescribed reporting format the` issuers have to submit the name of the
person to whom instrument have been issued.
(d) Yes, Sir. The SEBI (Foreign Institutional` Investors) Regulations, 1995 was
amended by inserting Regulation 15A, where the issuance of PNS is subject. to compliance
of `know your client` requirement by issuers.
(e) and (f) Aggregated value of underlying instrument as disclosed in the Monthly
PN reports forj last seven month is as follows:â
Total of the National Value of the Underlying
Rs. crores
Month Equity Index Debt Derivatives Total
August-04 28,552 1,314 2,696 3,164 35,726
September-04 34,251 519 287 1,936 36,993
October-04 37,457 483 277 2,302 40,519
November-04 41,864 7,653 600 3,400 53,517
December-04 55,424 7,646 722 4,095 67,886
January-05 48,922 1,139 500 4,489 55,050
February-05 48,762 1,293 482 4,405 54,941