July 28, 2014
Press Release No. 1
News about IDBI Bank Limited & United Bank of India
The media had reports that
"Top Banking Sources confirm IDBI has been asked to merge United Bank into
itself."
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.
IDBI Bank Limited has vide
its letter inter-alia stated," We confirm that so far no proposal for
merger of United Bank of India with IDBI Bank has been discussed at IDBI Bank's
Board Meeting and also no communication from Govt. of India in respect of the
above has been received by the Bank. As soon as any communication from the
Govt. of India is received by IDBI Bank or any such proposal is discussed at
IDBI Bank's Board Meeting, necessary disclosure under clause 36 of the Listing
Agreement shall be made by the Bank."
United Bank of India has
vide its letter inter-alia stated;" No negotiations are taking place for
the merger of the Bank with any other Bank."
Press Release No. 2
Listing of
Equity Shares of Gulf Oil Lubricants India Limited pursuant to Scheme of
Arrangement
The equity shares of the following company shall be listed and
admitted to dealings on the Exchange w.e.f. July 31, 2014.
Sr. No. |
Symbol |
Series |
Name of the Company |
ISIN Code |
1 |
GULFOILLUB |
BE* |
Gulf Oil Lubricants India Limited |
INE635Q01029 |
*Currently
the securities shall be available for trading in Series 'BE' and subsequently
be shifted to Series 'EQ' as per SEBI circular no. SEBI/Cir/ISD/1/2010 dated
September 2, 2010