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| Exchange Disseminated Time | With reference to the news item appearing in a leading financial daily titled "Abu Dhabi Utility Eyes JP Hydro Assets in HP", Jaiprakash Power Ventures Ltd has clarified to BSE that:
"As per publicly announced policy of Jaypee Group, we are committed to unlock and enhance the shareholders’ value through various options including, if necessary, by sale of some of its undertakings.
This is a continuous exercise and, as and when any such transaction materializes, we shall make appropriate announcement through the Stock Exchanges. We further reiterate that we have not mandated ICICI / IDFC, as reported in the news item for advising us on the purported transaction." |
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