June 05, 2014
Press Release No. 1
Clarification by HEG Limited
Substantial increase in
trading volumes have been observed in HEG 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.
HEG Limited has vide its
letter inter-alia stated, "There is no information / announcement
(including impending announcement) which in our opinion may have a bearing on
the price / volume behavior in the scrip of our Company."
Press Release No. 2
Clarification by Mahindra Holidays & Resorts India Limited
Substantial increase in
trading volumes have been observed in Mahindra Holidays & Resorts 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.
Mahindra Holidays &
Resorts India Limited has vide its letter inter-alia stated, “As of today,
there are no price sensitive information / pending announcement which are
required to be disclosed to the stock exchanges. Hence, we are unable to
comment on the significant increase in the Price/volume of our security across
Exchanges, in the recent past."