News about Reliance Natural Resources Limited
November 28th, 2007
The media had reports that Reliance Industries Limited may buy out the Company, for a substantial sum.
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.
Reliance Natural Resources Limited has vide its letter inter-alia stated,”It is not the policy of the Company to comment on speculation and rumours. Developments, if any, which concern stake-holders of the Company, will be intimated in due course and at appropriate time.”
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