ELECON ENGINEERING CO.LTD. - Clarification from Elecon Engineering Company Ltd

The Exchange had sought clarification from Elecon Engineering Company Ltd with respect to the media report titled "The Company is expected to get orders worth 200 - 300 crs" appearing on CNBC TV18 on September 02, 2014,<br/><br/>Elecon Engineering Company Ltd has replied as under:<br/> <br/>"The News report titled "The Company is expected to get orders worth Rs. 200 - 300 crs" was with respect to Elecon EPC Projects Ltd. (a subsidiary of Elecon Eng. Co. Ltd.) and not in respect of Elecon Eng. Co. Ltd., which is a listed Company. <br/> <br/>The statement "The Company is expected to get orders worth 200 - 300 crs" was made to just show that there are live enquiries worth Rs. 200-300 crs. Which may result into confirm orders and that too in Subsidiary of Elecon Eng. Co. Ltd. i.e. Elecon EPC Projects Ltd."