News Verification : The media had reports on October 31, 2009 that Bajaj Hindusthan Ltd may buy 36.67% stake from the promoters of Balrampur Chini Mills Ltd. 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. Bajaj Hindusthan Ltd has vide its letter inter-alia stated," We would like to inform that, till date, the Board of Directors of our Company has not considered and/or taken any decision in regard to the matter relating to acquistion of stake in Balrampur Chini Mills Limited from its existing promoters, as reported."
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