MAN INFRACONSTRUCTION LTD. - Man Infraconstruction Ltd reply to clarification sought by the exchange

The Exchange had sought clarification from Man Infraconstruction Ltd with respect to news appearing on ET NOW on May 20, 2015 titled "Man infra may sell stake in realty project to Dilip Sanghvi."<BR> <BR>Man Infraconstruction Ltd replied stating "As informed earlier, the Company routinely explores various possibilities with various business partners to develop a various properties in Mumbai. However no agreement of any nature whatsoever has been reached between our Company and Mr. Dilip Sanghvi till now concerning any real estate project."