ADITYA BIRLA NUVO LTD. - Aditya Birla Nuvo Ltd reply to clarification sought by the exchange
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| 07 Apr 2015 | |
| The Exchange had sought clarification from Aditya Birla Nuvo Ltd with respect to news appearing in Business Standard on April 7, 2015 titled "Aditya Birla group plans mega retail merger via share swap."<BR><BR>Aditya Birla Nuvo Ltd replied stating "We would like to state that in the ordinary course of the business, we keep on evaluating growth and re-structuring opportunities across the businesses of the Aditya Birla Group (ABG).<BR><BR>We would like to confirm that presently there is no proposal which has reached the stage which would trigger Clause 36 of the Listing Agreement and accordingly, we cannot comment on the reports of Business Standard.<BR><BR>We would, as in the past, promptly inform the stock exchanges and the shareholders about any material development and/or about any event or information which may have a bearing on the performance/operations of the Company as well as price sensitive information as per the regulatory requirements under Clause 36 of the Listing Agreement." | |
| View all announcements for ADITYA BIRLA NUVO LTD. | Source: BSE India |
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