News about Nagarjuna Fertiliser & Chemicals Limited
August 17th, 2007
The media had reports that Reliance Industries Ltd may acquire Nagarjuna Fertiliser & Chemicals Ltd.
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.
Nagarjuna Fertiliser & Chemicals Ltd. has vide its letter inter-alia stated,” There is no truth in the news item and the Promoters of the Company have no intention of dis-investing their shareholding in the Company and accordingly the question of ‘buyout’ does not arise.”
Entry Filed under: Equities, NSE, Fertilizers
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