April 21, 2014

Press Release No. 1

Clarification by JK Tyre & Industries Limited

Substantial increase in trading volumes have been observed in JK Tyre & Industries 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.

JK Tyre & Industries Limited has vide its letter inter-alia stated, “We do not have any information/ announcement (including pending announcement) requiring intimation thereof to the Stock Exchanges."

Press Release No. 2

Clarification by PVP Ventures Limited

Significant price movement has been observed in PVP Ventures 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.

PVP Ventures Limited has vide its letter inter-alia stated,"PVP Ventures Limited bid for the Indian Super League (ISL) being promoted by IMG Reliance and Star India (Organizers), under the aegis of All India Football Federation. The organizers have completed the bidding and evaluation process and announced the names of the successful bidders and PVP Ventures Limited was one among them, representing the Kochi team. However, in accordance with the requirements of the ISL Terms and Conditions, both the Organizers and the bid winner have to enter into a detailed definitive Agreement and the execution of such Agreement would be completed during this week. As soon as the requisite Agreement is duly executed by the both parties incorporating the terms of understanding, we will give an official communication to all the concerned. Other than the above, we do not have any information and announcement (including pending announcement) which may have a potential impact on the price of the scrip of the company."

Press Release No. 3

News about Hotel Leela Venture Limited

The media had reports that "Hotel Leela plans to sell its Delhi and Chennai properties.”

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.

Hotel Leela Venture Limited has vide its letter inter-alia stated, “The Company is in discussion with various investors and lenders, for raising funds to meet debt servicing obligations. The company is not aware of any information that has not been announced to the Exchanges, which could explain price movement in the shares of the Company. The Company and its senior management continue to evaluate proposals and will make announcement to the Stock Exchanges at an appropriate time."