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."