rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
Jaypee Infratech Ltd - Clarification from Jaypee Infratech Ltd
< Back
25 Nov 2014
The Exchange has sought clarification from the company with respect to the news media report appearing on CNBC TV18 on November 25, 2014 titled &quot;Jaypee group to sell 10 acres of land in Noida to PURAVANKARA Group.&quot;&lt;br/&gt;&lt;br/&gt;The Company has replied stating that :&lt;br/&gt;&lt;br/&gt;&quot;The Company has two revenue streams one is toll collection and second is real estate which inter alia includes sale of plots, apartments, commercial - developed or partially developed and bulk land.&lt;br/&gt;&lt;br/&gt;However, in reply to your specific query, we wish to submit that we are not aware of any such transaction with &quot;Purvankara Group&quot; as reported in the media and the media report referred by you is based on market speculations and the Company does not comment on market speculations.&quot;
View all announcements for Jaypee Infratech Ltd Source: BSE India