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| Exchange Disseminated Time | With reference to the news item appearing in the newspaper titled "Nitesh Estates to buy Pune mall for Rs. 300 cr", Nitesh Estates Ltd has Clarified to BSE as under:
"a. There are discussion with the present owners of the Pune Mall and the process of Due Diligence is under progress.
b. Due to confidentiality arrangement, we will not be in a position to give more information at this stage.
c. Under the circumstances, neither we deny nor we confirm the news item.
d. Once the final position emerges, appropriate communication will be made to all concerned." |
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