August 18, 2014

Press Release No. 1

News about Varun Shipping Company Limited

The media had reports that “Standard Chartered sues Varun Shipping chief over default."

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.

Reply is awaited from Varun Shipping Company Limited.