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News about Quintegra Solutions Limited

August 22nd, 2007

The media had reports that Quintegra Solutions Limited may acquire a US company based in Washington DC, for around $50 million.

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.

Quintegra Solutions Limited has vide its letter inter-alia stated, “The information published in the newspaper is not an authenticated one and purely based on speculation. The Company has always been pursuing various acquisition opportunities across the globe but has not finalized any such proposal till date. The Company would intimate the Stock Exchange once a decision is taken.”

Entry Filed under: Equity Markets, IT & ITes, NSE