The Exchange has sought clarification from Tata Capital Financial Services with respect to recent news item captioned Full text of Cyrus Mistrys letter to Tata Sons Board and news article appearing in Business Standard on October 27, 2016 titled, ‘Tata Capitals NPA woes due to Siva group exposure’. In this regard, Exchange has advised Tata Capital Financial Services to provide clarification/confirmation on the news item having specific statements about financial status of various Tata group companies including this company.
The above information is a part of company’s filings submitted to BSE.