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August 11, 2014

 

Press Release No. 1

News about Emami Limited

 

The media had reports that "Emami scouts for acquisition in Africa.”

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.

Emami Limited has vide its letter inter-alia stated," We would like to clarify that the company always looks forward for its business growth either through organic or inorganic way. In this article also, it has been expressed a desire for future acquisition particularly in skin care market in Central and Eastern Africa to cater the demand of these markets. But there is no any specific proposal for such acquisition from any one so as to inform the Stock Exchanges in this respect."

 

Press Release No. 2

News about Adani Ports and Special Economic Zone Limited

 

The media had reports that  "Adani plans to sell Australian coal terminal for $2 billion."

.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.

Adani Ports and Special Economic Zone Limited has vide its letter inter-alia stated,"APSEZL had disinvested its stake in Abbott Point Coal Terminal in March, 2013. Hence the news article does not relate to Adani Ports and Special Economic Zone Limited. We have, therefore, no comments to offer."

 

Press Release No. 3

News about IDBI Bank Limited

 

The media had reports that “IDBI's Rs 950cr loan to Mallya's Kingfisher under CBI lens.".

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 is awaited from IDBI Bank Limited.