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Man Infraconstruction reply to clarification sought by the exchange

21 May 2015 Evaluate

The Exchange had sought clarification from Man Infraconstruction with respect to news appearing on ET NOW on May 20, 2015 titled ‘Man infra may sell stake in realty project to Dilip Sanghvi’. Man Infraconstruction replied stating 'As informed earlier, the Company routinely explores various possibilities with various business partners to develop a various properties in Mumbai. However no agreement of any nature whatsoever has been reached between our Company and Dilip Sanghvi till now concerning any real estate project.'

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

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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