June 09, 2015

Press Release No. 1

News about Unitech Limited

The media had reports that "Unitech loses case against buyers of Gurgaon project at National Consumer Disputes Redressal Commission (NCDRC)."

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.

Unitech Limited has vide its letter inter-alia stated, “that the Company has not received the said order. We will examine the order once it is received and decide further course of action keeping in view the best interest of all our stakeholders. This matter relates to a case of 24 people who have paid approximately Rs 11 crore towards booking of apartment."

Press Release No. 2

News about Tata Steel Limited

The media had reports that "Tata Steel’s UK unions call for June 22 strike."

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.

Tata Steel Limited has vide its letter inter-alia stated, "that Tata Steel UK Limited ("TSUK" - indirect subsidiary of Tata Steel Limited) has learnt of the strike from the press statement issued by the Unions. TSUK has not received any formal notice from the Unions with respect to the said strike. TSUK will issue appropriate statements upon receiving formal notice. Accordingly the Company (Tata Steel Limited) will make necessary disclosures to the exchanges and investors at the appropriate time."

Press Release No. 3

Clarification by Oswal Chemicals & Fertilizers Limited

Significant price movement has been observed in Oswal Chemicals & Fertilizers 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.

Reply from the company is awaited.