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| Exchange Disseminated Time 13/08/2015 13:49:44 | With reference to the Increase in price, Shyam Century Ferrous Ltd has Clarified to BSE as under:
"In this regard, we would like to state that the trading in the Company's shares have commenced with your Exchange on and from July 28, 2015 with opening price of Rs.10.00. Please, further note that we are not aware of the reason for change in price of our securities across the exchange in recent past.
We would like to confirm you that there is no significant incident / news / development in the Company which may effect the security prices in Exchanges. It is the market only which is determining prices.
We would also like to confirm that the Company does not have any information / announcement to be made that may have any bearing on the operation/performance of the Company which can be considered as price sensitive information.
In case if there is any such development, we will certainly comply with the requirements of the Listing Agreement." |
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