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Exchange Disseminated Time 30/08/2016 18:41:29 | Jain Irrigation Systems Ltd_DVR has informed BSE that :
"Today we have come across that some news channels which are transmitting news about Government of Maharashtra (GoM) scrapping 95% of 'Irrigation projects'.
We wish to clarify that such scrapping of the irrigation projects does not in any way effect the business prospects of Company across any of its business lines, as the GoM cancellation of irrigation projects refers to the large and medium projects which creates the source of water like dams and reservoirs and not related to Micro Irrigation.
We hope this clarification makes clear the impact of decision of GoM on business prospects of the Company." |
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