News Verification : The media had reports of a possible takeover of Piramal Life Science Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Piramal Life Sciences Limited has vide its letter inter-alia stated,"The media report about the possible takeover of the company is totally unfounded."