November 28, 2013

Press Release No. 1

News about Nestle India Limited

The media had reports that Nestle India Limited's parent to increase stake in Indian arm.

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.

Nestle India Limited has vide its letter inter-alia stated, "We wish to clarify as under:

1. No such negotiations are talking place.

2. We are not aware of any such proposal of Nestle S.A. for increase of stake in Nestle India.

We also in this regard wish to draw your attention to the official response of Nestle S.A. (by Meike Schdmidt, their official spokesperson), also contained in the Financial Express news item, which is reproduced hereunder:

"Currently we have no plans to increase our stake in Nestle India".

Press Release No. 2

Clarification by TTK Prestige Limited

Substantial increase in trading volumes have been observed in TTK Prestige 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.

TTK Prestige Limited has vide its letter inter-alia stated, "We wish to confirm that there is no price sensitive information that is available with the Company. All the developments relating to the Company are being furnished to NSE periodically".