August 10, 2015
Press Release No. 1
News
about Kesoram Industries Limited
The media had reports that
“JK Tyre in final lap to acquire Kesoram tyre
unit/arm. Deal likely to be announced next week. JK Tyre
likely to offer Rs.2200 crs for the deal. Deal
aimed to cut debt on books over Rs.4400 crs.”
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.
Kesoram
Industries Limited has vide its letter inter alia stated that “The Company has
three Business Units/Arms-Cement, Tyre and Rayon. The Company has no intentions
whatsoever to dispose of any or all these Business Units/Arms. Reports to the
contrary appearing in the media are, therefore, entirely speculative and
misleading. However, as already communicated to the Exchanges on February 07,
2015, we are looking at monetising some of our assets
and would, therefore, inevitably be in discussions in this regard. We must
nonetheless reiterate that such monetisation would
not include disposing of the Business Units/Arms indicated above”.
Press Release No. 2
News
about Mukta Arts Limited
The media had reports that
"Foxconn may pick up stake in Mukta Arts".
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.
A copy of the
clarification is available on the NSE website (http://www.nseindia.com) under
(Corporates > Corporate Information > Announcements).
Press Release No. 3
Listing of Equity shares of Syngene International Limited
The equity shares of the following Company
shall be listed and admitted to dealings on the Exchange w.e.f.
August 11, 2015.
Sr. No. |
Symbol |
Name of the Company |
ISIN Code |
1 |
SYNGENE |
Syngene International Limited |
INE398R01022 |