News about Escorts Limited
September 21st, 2007
The media had reports that Escorts Ltd may sell a part of its surplus land at Faribad to DLF for around Rs. 1260 crore.
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.
Escorts Ltd has vide its letter inter-alia stated, “No official communication was given by us to anybody on the above matter. Further, we deny any such news”.
Entry Filed under: Equities, Automobile, NSE
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