July 19, 2006
The media had reports on July 17, 2006 that Nirma Ltd. is close to acquiring a US-based linear alkyl benzene (LAB) manufacturing firm.
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.
Nirma Ltd. has vide its letter inter-alia stated, "The news item is factually incorrect and is expressly denied by the company. There are no business developments as reported in the news item."
Source: National Stock Exchange of India Limited
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