Description: untitled123

 

                                                                                     June 15, 2015

 

Press Release No. 1

News about Essar Oil Limited

 

The media had reports that "Promoters plan to sell 51% stake sale. Sale likely to happen at premium to mkt price. Stake sale may trigger 26% open offer”

 

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.

 

Essar Oil Limited has vide its letter inter-alia stated, “The Company has already informed the Stock Exchanges last Friday, 12th June, 2015 stating that there is no event, information or development in the Company which is required to be intimated as per clause 36 of the listing agreement.”

 

 

Press Release No. 2

Clarification by Zydus Wellness Limited

 

Significant volume movement has been observed in Zydus Wellness 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.

 

Zydus Wellness Limited has vide its letter inter-alia stated, “There is no information / announcement from the Company that is required to be intimated to the Stock Exchanges pursuant to clause 36 of the Listing Agreement, which may have bearing on the volume behavior in the Company's scrip.”