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Heidelberg Cement India reply to clarification sought by the exchange

07 Apr 2015 Evaluate

The Exchange had sought clarification from Heidelberg Cement India with respect to news article appearing in Mint on April 3, 2015 titled 'Small cement firms eye Holicim, Lafarge assets in eastern India'.HeidelbergCement India replied stating that they have high standards of corporate governance and have always kept a principle of not reacting to market speculation or rumours and they stand committed to compliance with clause 36 of the listing agreement and shall make appropriate disclosures and announcements, if and when any such disclosable event occurs.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Ultratech Cement 11081.00
Ambuja Cements 386.00
ACC 1236.75
Shree Cement 22337.15
Dalmia Bharat 1720.35
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