July 02, 2015
Press Release No. 1
News about Religare Enterprises Limited
The
media had reports that “Apollo, Baring Ahead in Race for Religare.”
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.
Religare
Enterprises has vide its letter inter-alia stated, “We are not aware of any
information/reason which could explain the movement of the Company's scrip
mentioned in the letter. Religare Enterprises Limited ( Company ), as the
holding company for a large, diversified financial services group, keeps
exploring various strategic alternatives from time to time, including raising
primary capital for funding growth. On July 31, 2014, the Board of Directors
and subsequently on September 11, 2014 the Shareholders of REL had approved
raising of funds for an amount not exceeding Rs. 1,000 crores through issuance
of equity or equity linked shares, which was appropriately disclosed by us to
the stock exchanges. We continue to proactively evaluate all options which can
fulfill this and other strategic priorities of the Company and liaise with
potential investors for the same. However, at this point in time, there is no
further disclosable event/information. We shall make appropriate public
disclosures in accordance with the prevalent laws as and when there is a
disclosable event.”
Press Release No. 2
Clarification by Genus Paper
& Boards Limited
Significant price movement has been observed
in Genus Paper & Boards Limited
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.
Genus Paper
& Boards Limited has vide its letter inter-alia stated, “that the Company
is presently not undergoing or planning any event, information etc. that have a
bearing on the operation/performance of the Company including any price
sensitive information.”
Press Release No. 3
Clarification by Kavveri Telecom Products Limited
Significant price
movement has been observed in Kavveri Telecom Products Limited.
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.
Kavveri Telecom Products Limited has vide its
letter inter-alia stated, “that
there are no events/ announcements impending to be made as of now.”