Lanco Infratech Ltd reply to clarification sought by the exchange

| Updated on February 11, 2015 Published on February 11, 2015

The Exchange had sought clarification from Lanco Infratech Ltd with respect to news appearing in Times of India on February 10, 2015 titled "Adani to clinch sweetened $ 1Bn Udipi plant deal."

Lanco Infratech Ltd replied stating, "We wish to clarify as under:

The transaction remains as per the communication reported to the Stock Exchanges in the past and the parties mutually agreed to complete the sale transaction by March 2015, subject to conditions.

The Company had not issued any communication or furnished any information to the media as reported in the said article."

Source : BSE - >www.bseindia.com

Published on February 11, 2015
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