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                                                                                     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."