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                                                                                     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