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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."