PUNJAB ALKALIES & CHEMICALS LTD. - Updates on Proposed Disinvestment

Punjab Alkalies & Chemicals Ltd has informed BSE that the Company has been informed by the Directorate of Public Enterprises and Disinvestment, Government of Punjab that the Pre-Bid meeting with prospective bidders regarding disinvestment in Punjab Alkalies & Chemicals Limited, was held on December 03, 2014 and in the said meeting, inter-alia, the queries of the prospective bidders had been resolved and bidders were given time upto 5 P.M. on December 05, 2014 to raise their final queries, if any.