News about India Infoline Limited

August 30th, 2007

The media had reports that India Infoline Limited may sell its insurance broking business.

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.

India Infoline Limited has vide its letter inter-alia stated, “We deny the reports as they are untrue, baseless and without verification with the Company.”

Entry Filed under: Equities, Banks & NBFC, NSE

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