ESSAR OIL LTD. - Updates on Clarifies on News item

With reference to the news flashed on ET Now, dated June 15, 2015 captioned ": Promoters plan to sell 51% stake sale. Sale likely to happen at premium to mkt price. Stake sale may trigger 26% open offer.", Essar Oil Ltd has also Clarified to BSE as under:<BR><BR>"We would like to clarify that as on date there is no event, information or development in the Company which is required to be submitted as per clause 36 of the listing agreement."