April 16, 2014

Press Release No. 1

News about Crompton Greaves Limited

The media had reports that "Hitachi likely to pick up Thapar stake in Crompton".

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.

Crompton Greaves Limited has vide its letter inter-alia stated, "The company is not engaged in or informed of any negotiations regarding the rumoured stake sale by the promoters of the company. We confirm that there is no information that merits disclosure under clause 36 of the Listing Agreement by the company, available with us presently."

Press Release No. 2

Clarification by Future Retail Limited

Substantial increase in trading volumes have been observed in Future Retail 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.

Future Retail Limited has vide its letter inter-alia stated, "There are no such information/announcement, which in our opinion may have a bearing on the price/volume behavior in the scrip."

Press Release No. 3

News about Jet Airways (India) Limited

The media had reports that "Jet cancels orders for 17 Boeing".

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.

Jet Airways (India) Limited has vide its letter inter-alia stated, "We wish to clarify that the information in the news article is incorrect. The company has not cancelled any aircraft order. The company, has in fact, opted for more fuel efficient variant".

Press Release No. 4

News about Videocon Industries Limited and Dr. Datson's Labs Limited

The media had reports that "Videocon set to acquire Datsons Labs for Rs. 350 Crores".

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 companies.

Videocon Industries Limited has vide its letter inter-alia stated, "We hereby completely deny the news that Videocon is set to acquire Datsons Labs. Accordingly, we confirm that, no such negotitations have ever taken place and neither are in progress. As such, there is no question of announcing any information to the Exchanges in this behalf."

Dr. Datson's Labs Limited has vide its letter inter-alia stated,"We are not aware of the source for the information appearing in Business standard & deny the news item. We once again reiterate that news article is based on speculation and company has not released any press release or notification regarding the same. The company is in process of negotiating with various pharma companies & strategic investors for Stake sale in company to fuel our expansion plans for the benefit of shareholders and it is the policy of the company to inform the stock exchanges whenever such a proposal crystallize. We would further like to inform that such decisions are intimated to your esteemed exchange by the way of outcomes of board meetings of the company."