July 07, 2015

Press Release No. 1

News about Electrosteel Castings Limited

The media had reports that "Joint Lender forum to take control of Electrocasting. No open offer."

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.

Electrosteel Castings Limited has vide its letter inter-alia stated, “that it is not relating to the Company."

Press Release No. 2

News about Electrosteel Steels Limited

The media had reports that "“Electrosteel Steels under SRD; lenders to take control.”

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.

Electrosteel Steels Limited has vide its letter inter-alia stated, “that no lenders have approached the Company for the same."

Press Release No. 3

News about Sterlite Technologies Limited

The media had reports that "Sterlite Tech eyes defence contract worth Rs 7000 crore."

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.

Sterlite Technologies Limited has vide its letter inter-alia stated, "that as a business requirement, it keeps participating in various bids and potential business opportunities across various business verticals(private and public sector) on ongoing basis. The Company has been participating in the defence network projects as well as NOFN projects and several other public and private opportunities as part of its business. At this point of time, the bids highlighted in the media reports are at various stages of evaluation by the authorities and not yet been opened/awarded to the company and it has no further knowledge of their current status. As per clause 36 of the listing agreement, the company would make appropriate announcements when any specific project is awarded to the company."

Press Release No. 4

News about L&T Finance Holdings Limited

The media had reports that “Warburg eyes 25% in L&T Fin.”

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.

L&T Finance Holdings Limited has vide its letter inter-alia stated, “as a part of its ongoing investor relations exercise, the Company meets various investors from time to time and at this point of time we have nothing to share with the Exchanges. The stock exchanges would be informed promptly as and when definitive developments take place."

Press Release No. 5

News about Prestige Estates Projects Limited

The media had reports that "Prestige Estates to buy back Exora biz park."

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.

Reply from “Prestige Estates Projects Limited” is awaited.