Source: BSE - With reference to the news item appearing in a leading financial daily titled "IVRCL near $100m Swedish buyout", IVRCL Infrastructures & Projects Ltd has clarified to BSE that the Company deny the issue of the news item appeared in the financial daily. Date: 2008-06-20
Source: NSE - News Verification : The media had reports that IVRCL Infrastructures & Projects Ltd. may acquire a Swedish construction equipment manufacturer, for deal valued around $100 million. 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. IVRCL Infrastructures & Projects Ltd. has vide its letter inter-alia stated, "We would like to deny the issue of the news item that has appeared in the media and we further confirm that we shall intimate the stock exchange as and when any such type of development takes place." Date: 2008-06-20
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