March 04, 2014

Press Release No. 1

Clarification by Parenteral Drugs (India) Limited

Significant price movement has been observed in Parenteral Drugs (India) 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. Parenteral Drugs (India) Limited has vide its letter inter-alia stated, “The present situation in the prices of the shares of the Company is due to the market forces and not because of the reason known to the management of the Company, as the Promoters of the Company are not trading in the shares of the Company."