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                                                                                     April 21, 2015

 

Press Release No. 1

News about Man Infraconstruction Limited

 

The media had reports "DB realty to sign revenue sharing agreement with Man-infra Shangvi SPV, Man infra may invest 100 cr in SPV ".

 

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.

 

Man Infraconstruction Limited has vide its letter inter-alia stated, "The Company routinely explores various possibilities and Joint Venture with various business partners to develop a various properties in Mumbai. However no agreement of any nature has been reached between our company, Mr Dilip Sanghvi and DB Realty in any manner concerning any property."

 

 

Press Release No. 2

News about D B Realty Limited

 

The media had reports "DB realty to sign revenue sharing agreement with Man-infra Shangvi SPV, Man infra may invest 100 cr in SPV.”

 

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.

 

D B Realty Limited has vide its letter inter-alia stated, "We deny that DB Realty has signed any agreement with Man Infra and / or Dilip Sanghvi SPV. This is in the realm of speculation."

 

 

Press Release No. 3

Expulsion of Trading Member

 

The National Stock Exchange of India Limited has expelled the trading member M/s. KASSA FINVEST PRIVATE LIMITED (SEBI registration no. INB230770236 / INF230770236 / INE230770236) with effect from April 10, 2015 in terms of Rules 1 and 2 of Chapter IV of the Rules of the Exchange.