News about Deccan Aviation Limited
November 22nd, 2007
The media had reports that Deccan Aviation Limited may go for reverse merger with UB Group’s Kingfisher Airlines.
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.
Deccan Aviation Limited has vide its letter inter-alia stated,”We wish to inform you that, no proposals relating to merger of Kingfisher Airlines with the Company, has been considered by the Board of Directors of the Company as on date.”
Entry Filed under: Equity Markets, NSE
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