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                                                                                     August 04, 2015

 

Press Release No. 1

News about Adani Enterprises Limited

 

The media had reports that "Company to form JV with Foxconn for around $5 billion to establish electronic manufacturing facilities".

 

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.

 

Adani Enterprises Limited has vide its letter inter-alia stated “We are at discussion stage only and have not signed any agreement which requires disclosure under Clause 36 of the Listing Agreement.  In the event there is any development which may require disclosure under Clause 36 of the Listing Agreement, we will make the same in accordance with the regulatory requirements”.

 

 

Press Release No. 2

Clarification by Zylog Systems Limited

 

Significant increase in price has been observed in Zylog Systems 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.

 

Zylog Systems Limited has vide its letter inter-alia stated “We would like to clarify that the company is not aware of the reason of this increase in the price.  Further there are no information / announcement ( including pending announcement)  which in our opinion, may have a bearing on the operation/ performance of the Company or on the price/ volume behavior in the scrip including any price sensitive information and which are not disclosed to the Stock Exchanges.”

 

 

Press Release No. 3

Clarification by The Ruby Mills Limited

 

Significant increase in price has been observed in The Ruby 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.

 

The Ruby Mills Limited has vide its letter inter-alia stated “We hereby affirm that there are no information/ announcement (including impending announcement) which in our opinion have a bearing on the price behavior in our scrip”.