IL&FS Investsmart Limited
April 9th, 2008
The media had reports that E*Trade may sell its stake in the company.
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 officials of the company.
IL&FS Investsmart Limited has vide its letter inter-alia stated, “At the current juncture, we are not aware of any understanding entered in to by E*Trade with any specific party related to the company. As and when we are intimated by E*Trade, we shall promptly convey the same to the Exchange.”
Entry Filed under: Equities, Banks & NBFC, NSE
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