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| Exchange Disseminated Time | GTL Ltd has informed BSE regarding "Increase in Volumes and speculation in the shares of the Company".
"With reference to increase in Volumes and speculation in the Shares of the Company, GTL Ltd has now clarified to BSE as under :
The Company called for a meeting of lenders to update them current events. The Company has proactively appointed SBI Capital Markets Limited (SBI Caps) to review and assess the present and future working of:
• The Sector
• Company, its Financials and its Obligations
• To suggest/advise any appropriate steps/remedies required to protect Lender’s Interest.
SBI Caps has been requested to appraise and prepare a report within 30 days.
The Promoter has also reassured that he will take all necessary steps to safe guard the interest of all stakeholders." |
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