April 21, 2006
The media had reports that the promoters of the company might sell out their stake in Aarti Drugs Ltd.
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.
Aarti Drugs Ltd. has vide its letter inter-alia stated, "There is no proposal for sale of their stake in the company and further that the news report appears to be based on rumours".
Source: National Stock Exchange of India Limited
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