June 25, 2015
Press Release No. 1
News about KPIT Technologies Limited
The media had reports that
“Promoters are selling stake in the company and cancellation of dividend by
KPIT.”
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.
KPIT Technologies
Limited has vide its letter inter-alia stated, “The promoters are not selling
their stake. Secondly, there has been no change in the shareholding of foreign
institutional investors (FIIs) and domestic institutional investors (DIIs)
which, in fact, has marginally increased from 54.06% to 54.15%, according to
last week's shareholding data. The board of directors of the Company has
proposed to the shareholders, declaration of dividend at the rate of 55% (Re.
1.10 per share) at the forthcoming annual general meeting and there is no
thought of cancellation of this dividend."
Press Release No. 2
Clarification
by Ramkrishna Forgings Limited
Significant volume movement
has been observed in Ramkrishna Forgings 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.
Ramkrishna Forgings Limited has
vide its letter inter-alia stated, " that there are no pending information
or announcement that is required to be made by the company as per clause 36 of
the listing agreement which has a bearing on the operation or performance of
the Company."
Press Release No. 3
Clarification
by Selan Exploration Technology Limited
Significant volume movement
has been observed in Selan Exploration Technology
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.
Selan
Exploration Technology Limited has vide its letter inter-alia stated, "There
are no pending announcements, events or information which is / are Price
Sensitive that could have led to sudden spurt on the price behaviour and volume
of the Company's scrips."