MoneyWorks4Me

Siemens reply to clarification sought by the exchange

11 May 2015 Evaluate

The Exchange had sought clarification from Siemens with respect to news article appearing in DNA Moneys on May 8, 2015 titled ‘Siemens files petition to wind up Gujarat NRE’. Siemens replied stating that the media report titled ‘Siemens files petition to wind up Gujarat NRE’ relates to legal proceedings initiated by the Company against Gujarat NRE Coke for non-payment of certain dues.

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

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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