October 31, 2006
The media had reports that Ashok Leyland Ltd is planning to set up a vehicle manufacturing facility in Uttranchal with an investment of over Rs. 1,000 crore.
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.
Ashok Leyland Ltd has vide its letter inter-alia stated, "We confirm the correctness of the news."
Source: National Stock Exchange of India Limited
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