The media had reports that J.Kumar Infraprojects Limited has bagged two more orders for road projects in Mumbai worth Rs. 40 crore each.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
J.Kumar Infraprojects Limited has vide its letter inter-alia stated, "With regard to contract under consideration, we have to inform you that the Company is in the process of concluding the contract with other parties. The signing of the contract is yet to be done. Further, as and when the contract is signed, we shall disclose the information to the Stock Exchange immediately." -- www.nseindia.com
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