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September 15, 2014

 

Press Release No. 1

Clarification by Amara Raja Batteries Limited

 

Substantial increase in trading volumes have been observed in Amara Raja Batteries 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.

 

Amara Raja Batteries Limited has vide its letter inter-alia stated, "We wish to inform you that the Company does not have any undisclosed price sensitive information that may have bearing on the operations / performance of the Company."

 

 

Press Release No. 2

News about Nitesh Estates Limited

 

The media had reports that "Nitesh Estates to buy Pune mall for Rs 300 cr."

 

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.

 

Nitesh Estates Limited has vide its letter inter-alia stated,

a.       "There are discussions with the present owners of the Pune Mall and the process of Due Diligence is under progress.

b.      Due to confidentiality arrangement, we will not be in a position to give more information at this stage.

c.       Under the circumstances, neither we deny nor we confirm the news item.

d.      Once the final position emerges, appropriate communication will be made to all concerned."

 

 

Press Release No. 3

Clarification by Jenson & Nicholson (India) Limited

 

Significant price movement has been observed in Jenson & Nicholson (India) 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.

 

Jenson & Nicholson (India) Limited has vide its letter inter-alia stated, "There has been no event, specific announcement or information which would have an impact or bearing on the price/volume behavior of our scrip."