October 11, 2013
Press Release No. 1
Clarification
by Natco Pharma Limited
Substantial increase
in trading volumes have been observed in Natco Pharma 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. Natco Pharma Limited has vide its letter
inter-alia stated, "We do not have information as to the reasons
thereof."
Press Release No. 2
News
about NCC Limited and Gayatri Projects Limited
The media had reports
that "Sembcorp to Purchase Majority Stake in NCC Power"
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.
NCC Limited has vide
its letter inter-alia stated,
" a) The equity
stake in NCC Power Projects Ltd., is held by NCC infrastructure Holding Ltd
(Wholly Owned Subsidiary of NCC Limited).
b) Preliminary
discussions are taking place between NCC Infra & Sembcorp for investment in
NCC Power Projects Ltd., and which is subject to a detailed Technical,
financial, Commercial & Legal due diligence. The terms of investment
including structuring will be finalised after the due diligence process and
negotiations are completed between the parties.
c) No Definitive
agreements have been entered into between the parties and no investment has
been made by Sembcorp in NCC Power Projects Ltd.
Gayatri Projects
Limited has vide its letter inter-alia stated, “At present the company does not
possess any price sensitive information relating to the news item.”
A copy of the detailed
clarification is available on the NSE website (http://www.nseindia.com) under:
Corporates > Latest Announcements).