PUNJ LLOYD LTD. - Punj Lloyd Ltd reply to clarification sought by the exchange

The Exchange has sought clarification from Punj Lloyd Ltd with respect to news article appearing in Financial Chronicle on December 01, 2014 titled "PUNJ LLOYD to sell stake in Medanta by end-Dec."<BR><BR>Punj Lloyd Ltd replied stating, "The Company is exploring various options to sell it's non core assets. The Company has not formalised or entered into any binding agreement in this regard, as yet.<BR><BR>The Company will be inform the stock exchange(s), if and when, any such agreement is entered into."