News about Rallis India Ltd

June 5th, 2007

NSE Press Release

The media had reports on June 02, 2007 that Rallis India Ltd. may acquire a stake in Nagarjuna Fertilizers & Chemicals Limited.

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.

Rallis India Ltd has vide its letter inter-alia stated, “We wish to inform that at present there is no proposal under consideration by the Company for acquiring a stake in Nagarjuna Fertilizers & Chemicals Limited.”

Entry Filed under: Equity Markets, NSE

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