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Monnet Ispat & Energy reply to clarification sought by the exchange

18 Apr 2015 Evaluate

The Exchange had sought clarification from Monnet Ispat & Energy with respect to news appearing in Financial Express on April 16, 2015 titled ‘Fresh lease of life for Monnet Ispat and Energy.’The company replied stating that they would like to inform you that the said news item has been published by the Financial Express in their own capacity and without corroborating the facts through any press release or statement from the representatives of the Company. They have observed that the news item has presented the facts and figures of the Company in a manner which is not reflective of the actual facts. The Company, therefore, completely disassociate with the news items.

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

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