April 12, 2013

 

Press Release No. 1

Clarification by TTK Healthcare Limited

 

Substantial increase in trading volumes has been observed in TTK Healthcare 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.

 

TTK Healthcare Limited has vide its letter inter-alia stated, “We would like to inform you that we, as of now, do not have any information/announcement about our Company which in our opinion may have a bearing on the price/volume behaviour in the scrip."

 

 

Press Release No. 2

News about Ess Dee Aluminium Limited

 

The media had reports that the promoters of Ess Dee Aluminium Limited are in talks with Amcor to sell stake.

 

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.

 

Ess Dee Aluminium Limited has vide its letter inter-alia stated, "We wish to inform you that the company is not aware of any development as are being reported in the media and we are unable to comment on market speculation or market rumors. While the company continues to explore opportunities, as on date, there are no concrete developments."

 

 

Press Release No. 3

News about Tilaknagar Industries Limited

 

The media had reports that Allied Blenders & Distillers (ABD) is discussing a merger deal with Tilaknagar Industries Limited.

 

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.

 

Tilaknagar Industries Limited has vide its letter inter-alia stated, "The report is speculative and hypothetical in nature. After the entry of big MNC players, sector dynamics are changing. Given the nature of our business, the various players at several time points are exploring/discussing various types of business association with the company, which may or may not fructify and remain hypothetical until such time that they are concluded. Should there be any concrete development, the company will share and make the appropriate announcements in line with the best practices disclosure guidelines."