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| Exchange Disseminated Time 07/03/2018 10:44:32 | The Exchange had sought clarification from Tata Motors Ltd with respect to news appearing ET NOW - March 06, 2018 "SEBI issues directions to Tata Motors as part of WhatsApp results leak probe. Also, directs TAMO to strengthen processes to avoid leakage of UPSI"
Tata Motors Ltd response is as follows:
Tata Motors would like to state that it is fully committed to ensuring confidentiality of such price sensitive information. This incident pertains to the financial results for the quarter ending December 2015. While the company has robust policies and processes to manage such price sensitive information, we will investigate this incident thoroughly to identify and address process gaps and fix accountability. |
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