Corporate Announcement
Security Code : 500770    Company : TATACHEM    
 
Tata Chemicals Ltd reply to clarification sought by the exchange 
  Exchange Disseminated Time     
The Exchange has sought clarification from Tata Chemicals Ltd with respect to the media report in DNA on December 20, 2014 stating "Tata Chem eyes Rs. 500 cr buyouts"

Tata Chemicals Ltd replied stating "The Company hereby clarifies that in response to a question posed by a Reporter on the Company's future growth plans, it was stated that the Company has plans to grow in wellness and nutritional food segments, and branded agri farm inputs business. The growth will be through organic as well as inorganic route if opportunities are available.

It was clarified that there is nothing on the table as yet and acquisitions, if they happen, would be of smaller in size of around Rs. 500 crore in aggregate over a period of 2 to 3 years."
 

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