News about Binani Industries Limited
October 1st, 2007
The media had reports that Binani Industries Limited may place 10 percent equity with Binani Zinc.
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.
Binani Industries Limited has vide its letter inter-alia stated, “This is to clarify that the Company or its Subsidiaries have not approved any additional dilution of holdings.”
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