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March 26, 2014

 

Press Release No. 1

Clarification by VIP Industries Limited

 

Substantial increase in trading volumes have been observed in VIP 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.

 

VIP Industries Limited has vide its letter inter-alia stated, “During the recent past, no extra ordinary event has taken place in the operation / performance of the Company having a bearing on price / volume behavior in the scrip of our Company."