July 30, 2015

Press Release No. 1

News about DLF Limited

The media had reports that “DLF to sell upto 40-50% stake in holding company-Rent Yielding assets", "DLF to launch REIT with PE players -to raise $2bn from PE players", "DLF has around Rs. 20000 crs debt currently.”

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.

DLF Limited vide its letter inter-alia stated that "The company during its normal course of business keeps exploring various opportunities to enhance shareholders value, which includes M&A, divestment of assets and fund raising opportunities. Further, being a responsible corporate we would keep Exchanges informed in case of any specific developments and the company shall continue to do so as part of its obligation under clause 36 of Listing Agreement".

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Press Release No. 2

News about Igarashi Motors India Limited

The media had reports that “Igarashi Set to Buy Back India Venture it Sold in '10”.

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.

Igarashi Motors India Limited vide its letter inter-alia stated that “We bring to your notice that our company had already given information vide our letter dated January 22, 2015 and also on April 17,2015 regarding acquisition of shares of Agile Electric Sub Assembly Pvt. Ltd by Igarashi Electric Works Ltd, Japan along with Mape Group. We confirm that as on date, our company is in compliance with the requirements of Clause 36 of the Listing Agreement and no such information is pending from our company’s side for intimation to stock exchanges which may have a bearing on the volume behavior in the company’s scrip.”

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Press Release No. 3

News about Geojit BNP Paribas Financial Services Limited

The media had reports that “BNP Paribas to acquire Sharekhan”.

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.

Geojit BNP Paribas Financial Services Limited vide its letter inter-alia stated that “We confirm that BNP Paribas is one of the promoter shareholders with about 34.5% stake in the company and as such the company has no involvement or information other than what is reported in the press in connection with the reported news of their acquisition”.