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October 8, 2013

 

Press Release No. 1

News about Videocon Industries Limited

 

The media had reports that Videocon Industries Limited to divest upto 26% stake in telecom arm.

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.

Videocon Industries Limited has vide its letter inter-alia stated, "It may be noted that the management has given a general expression in the past about possibility of equity dilution at an appropriate time and the process is still continuing. You may also kindly note that there has not been any material event of any kind in this regard which needs to be informed to the Stock Exchanges in terms of Clause 36 of the Listing Agreement. We would inform you that the Company does not comment on the rumors and speculative market reports."

 

 

Press Release No. 2

Clarification by Wockhardt Limited

 

Substantial increase in trading volumes have been observed in Wockhardt 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. Wockhardt Limited has vide its letter inter-alia stated, "We do not believe that there is any information/ announcement of the nature sought by you. In the event that there is any development that requires disclosure, we will make the same immediately in accordance with regulatory requirements."

 

 

Press Release No. 3

Clarification by Windsor Machines Limited

 

Significant price movement has been observed in Windsor Machines 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. Windsor Machines Limited has vide its letter inter-alia stated, " We would like to clarify that there is no occurrence, operational / performance information, price sensitive information etc. in the Company that fall under the purview of clause 36 of the Listing agreement and which is required to intimate to the stock exchange(s). Further, we would like to clarify that the company do not have any information / announcement (including pending announcement) which, in our opinion, may have bearing on the price/ volume behavior in the scrip".