News about ABG Shipyard Limited
May 22nd, 2007
NSE Press Release
The media had reports that ABG Shipyard Limited may bag a Rs 900-1000 Cr order from a European 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.
ABG Shipyard Limited has vide its letter inter-alia stated, “In this regard, we wish to inform you that as we are in the ship-building industry, we deal with many potential enquires and we announce only those which are converted into effective business. In the instant case, we would like to bring to your notice that as on date we do not have any such effective order.”
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