August 20, 2014
Press Release No. 1
News about
Oriental Bank of Commerce
The media had reports that "OBC in Rs 180 cr FD Scam."
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 from Oriental Bank of Commerce is available on the NSE website
(http://www.nseindia.com) under (Corporates > Corporate Information >
Announcements).
Press Release No. 2
News about
Dena Bank
The media had reports that "Dena in Rs 256.49 cr FD Scam."
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 from Dena Bank is available on the NSE website
(http://www.nseindia.com) under (Corporates > Corporate Information >
Announcements).
Press Release No. 3
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.
Varun Shipping Company Limited has vide its letter
inter-alia stated, “SC International pte Ltd (our associate company) has
availed a loan of USD 10 million from Standard Chartered Bank, Singapore Branch
of which, principal outstanding is USD 4,687,500 out of which USD 2,250,000 is
delayed due to liquidity constraints faced by VSC International Limited as a
result of global recession in shipping industry. The Chairman & Managing
Director, Mr. Yudhishthir D. Khatau, is in the process of negotiation to settle
the matter with Standard Chartered Bank. Our group has always had a good
working relation with all its bankers including Standard Chartered Bank and our
group intends to maintain such relation with all its bankers."
Press Release No. 4
Clarification
by Dalmia Bharat Limited
Substantial increase in trading
volumes have been observed in Dalmia Bharat 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.
Dalmia Bharat Limited has vide its letter inter-alia
stated," As regards the increase in volume of our security across the
Exchanges in the recent past, the Company is not aware of any specific factor
which has resulted in increase in the trading volume."
Press Release No. 5
Clarification
by Muthoot Finance Limited
Substantial increase in trading
volumes have been observed in Muthoot Finance 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.
Muthoot Finance Limited has vide its letter
inter-alia stated, “There are no pending disclosures at this point of time from
Company."
Press Release No. 6
Clarification
by Gujarat Gas Company Limited
Substantial increase in trading
volumes have been observed in Gujarat Gas Company 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.
Gujarat Gas Company Limited has vide its letter
inter-alia stated, “At present, in our opinion, the Company does not have any
pending announcements/ information, which has a bearing on the price/volume
behavior."