September 17, 2014
Press Release No. 1
Clarification
by Creative Eye Limited
Significant price movement has been observed in
Creative Eye 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.
Creative Eye Limited has vide its letter
inter-alia stated;" We don't have any information/ announcement including
impending announcement that could influence the price increase or volume
variations."
Press Release No. 2
News about
Ramky Infrastructure Limited
The media had reports that "Piramal Leads for 3
Ramky Highway Projects.".
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.
Ramky Infrastructure Limited has vide its letter
inter-alia stated," We bring to your kind notice on the communication made
by the company vide letters dated 15 January 2014, 12 February 2014 & 14
August 2014, where in the company has communicated the exchanges that to ease
the liquidity concerns of the company, the company is in negotiation with various
investors for sale of operational road assets of the company. We have been
receiving offers from various investors for possible stake sale/securitization
for the road projects. These matters are subject to the approval of the Board
of Directors. However the discussions are at preliminary stage and have not
reached the definitive agreement stage. We will keep the exchange informed
about the developments or near proximity to closing of any sale
transaction/stake sales in the operational road assets of the company. "