August 1, 2006
The media had reports that Reliance Industries may acquire Gujarat government's stake in Gujarat Alkalies and Chemicals 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 companies.
Gujarat Alkalies and Chemicals Ltd. has vide its letter inter-alia stated, "We would like to inform you that we have not received any such information or communication from any sources and we are unaware and unable to confirm/to comment on the said news."
Reply is awaited from Reliance Industries Limited.
Source: National Stock Exchange of India Limited
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