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VIDEOCON INDUSTRIES LTD. - Clarifies on News item
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16 Apr 2014
With reference to the news item appearing in the leading financial daily titled &quot;Videocon set to acquire Datsons Labs for Rs. 350 Cr&quot;, Videocon Industries Ltd has Clarified to BSE as under:&lt;br/&gt;&lt;br/&gt;&quot;We hereby completely deny the news that Videocon is set to acquire Datsons Labs. &lt;br/&gt;&lt;br/&gt;Accordingly, we confirm that:&lt;br/&gt;&lt;br/&gt;- No such negotiations have ever taken place and neither are in progress.&lt;br/&gt;&lt;br/&gt;- As such, there is no question of announcing any information to the Exchanges in this behalf.&lt;br/&gt;&lt;br/&gt;We assure you that the Company has been and will be fully compliant with the provisions of the Listing Agreement, including the provisions with regards to dissemination of corporate information/events, which could have a bearing on the operation/performance of the Company.&quot;
View all announcements for VIDEOCON INDUSTRIES LTD. Source: BSE India