September 3, 2013

 

Press Release No. 1

Clarification by Super Spinning Mills Limited

 

Significant price movement has been observed in Super Spinning Mills 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. Super Spinning Mills Limited has vide its letter inter-alia stated, "We intimate at regular intervals the Price Sensitive information to the Exchanges and to the investors which in our opinion may have a bearing on the price/volume behaviour in the scrip. We further ensure that there is no pending announcement relating to the Price Sensitive Information from our end."

 

 

Press Release No. 2

News about Zensar Technologies Limited

 

The media had reports that "Zensar eyes sub - $75mn acquisition in the US"

 

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.

 

Zensar Technologies Limited has vide its letter inter-alia stated, "The Company has always followed the strategy of expansion through acquisition of companies in order to facilitate its entry into a particular segment or to focus on a particular geography. This strategy has been adequately reflected by the Company in all correspondence with the stakeholders. While the Company is exploring opportunities for acquisition of companies, as on date, there have been no concrete developments in this regard and it would therefore be premature to announce the specifics. The Company intends to keep stock Exchanges and all concerned informed about developments as and when it materialises.”

 

 

Press Release No. 3

News about Radico Khaitan Limited

 

The media had reports that "Radico in Talks to Sell 26% to Suntory of Japan"

 

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.

 

Radico Khaitan Limited has vide its letter inter-alia stated, "The news item as appearing contains speculative information and it would not be appropriate for us to comment on such market speculation."