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Clarification sought from Banco Products (India)

09 Aug 2016 Evaluate

The Exchange has sought clarification from Banco Products (India) with respect to news article appearing in Sandesh on August 8, 2016 titled ‘IT raid at Banco Products at 3 Directors (Promoters) place.’ The article mentions that there were certain facts uncovered at the time of IT raid at one of the plants of the company.

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

Peers
Company Name CMP
SamvardhanaMotherson 162.30
Tube Investments 2580.15
Bosch 47600.00
UNO Minda 1231.80
Bombay Burmah Trdg. 1484.65
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