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| Exchange Disseminated Time | With reference to the news item appearing in a leading financial daily titled "GTL Stock Slips by Over 16% & Increase in Volumes, GTL Ltd has clarified to BSE that:
"The Company continues to conduct its business in normal course and is focusing on growing the business.
In GTL, the promoters hold 52.71% of the equity capital of the Company. The promoters have pledged only 12.85% of the equity capital of the Company, which was already intimated to the stock exchanges, as part of our regular disclosures.
The Company would like to confirm that neither promoters nor entities relating to promoters have sold any shares, including the shares that have been pledged." |
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