The media had reports that Religare Enterprises Limited may acquire another UK based company.
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.
Religare Enterprises Limited has vide its letter inter-alia stated, "There is no concrete proposal or offer that has been made as yet. The company has been constantly evaluating opportunities to grow organic and inorganic and would promptly disclose information as and when they become concrete in due course." -- www.nseindia.com
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
