News about Patni Computer Systems Limited
May 23rd, 2007
NSE Press Release
The media had reports on May 19, 2007 that Patni Computer Systems Limited IBM may acquire around 25% stake in the company.
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.
Patni Computer Systems Limited has inter-alia replied. “We wish to clarify that the Company has not received any intimation from any large shareholder to offload any stake to any of the companies referred in the said news article.”
Entry Filed under: Equity Markets, IT & ITes, NSE
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>