July 16, 2015

Press Release No. 1

News about Pipavav Defence and Offshore Engineering Company Limited

The media had reports that "Russia Selects Pipavav to Make Frigates for Indian Navy".

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.

A copy of the clarification is available on the NSE website (http://www.nseindia.com) under (Corporates > Corporate Information > Announcements).