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October 18, 2013

 

Press Release No. 1

News about Raymond Limited

The media had reports that "Raymond plans stake sale in engg arm "

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.

Raymond Limited has vide its letter inter-alia stated, "There is no such proposal under consideration with the Board of Directors of our Company."

 

Press Release No. 2

Clarification by Asian Electronics Limited

Significant price movement has been observed in Asian Electronics 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. Asian Electronics Limited has vide its letter inter-alia stated, "We wish to state that there are no announcement of any kind, which have either been made or yet to be made which may have an impact on the price."