December 7, 2006
The media had reports on December 6, 2006 that Parsvnath Developers Limited will make all the malls for RIL.
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.
Parsvnath Developers Limited has vide its letter inter-alia stated, "With regard to the speculation about the company making an announcement in respect of any arrangement with RIL, we wish to submit that as on date no contract / understanding has been recorded between the Company and RIL with regard to construction of shopping malls of RIL. In case there is any such eventuality, the Company will keep the Exchange informed about the same."
Source: National Stock Exchange of India Limited
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