February 24, 2014

Press Release No. 1

News about United Bank of India and Union Bank of India

The media had reports that United Bank likely to merge with Union Bank.

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 companies.

Union Bank of India has vide its letter inter-alia stated, “We deny the news that United Bank of India may merge with Union Bank of India and no such negotiations are in place. Furthermore, there is no information with us that needs to be submitted to Stock Exchanges in terms of Clause 36 of the Listing Agreement."

United Bank of India has vide its letter inter-alia stated, “There is no information with us of the Bank getting merged with any other PSU/Private Bank including Union Bank of India. The reports appearing in the media are baseless."

Press Release No. 2

Clarification by Geometric Limited

Substantial increase in trading volumes have been observed in Geometric 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.

Geometric Limited has vide its letter inter-alia stated, “We confirm that the Company has no price sensitive information which has not been intimated to the stock exchanges as required under Clause 36 of the Listing Agreement."

Press Release No. 3

News about Hindustan Organic Chemicals Limited

The media had reports that MIDC eyes Hind Organic Plot Near Mumbai.

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.

Hindustan Organic Chemicals Limited has vide its letter inter-alia stated,"We would like to inform you that MIDC approached our Company viz. Hindustan Organic Chemicals Limited and presently discussions between MIDC and HOCL are in progress. However, nothing has been concluded / finalized and will be informed to the exchange once it is finalised.