Himatsingka Seide Ltd has clarified in reference to the article that has appeared in the media recently relating to Mr. D.K. Himatsingka, one of the Promoters of the Company.
The Company is in no manner concerned with the contents of media reports relating to any alleged banking relationship of Mr. D.K. Himatsingka. In any event, Mr. D. K. Himatsingka has clarified to the Company that he is in compliance with all relevant regulations and that the matter has no concern, at any time, directly or indirectly, with the Company.
Shares of HIMATSINGKA SEIDE LTD. was last trading in BSE at Rs.168.3 as compared to the previous close of Rs. 193.65. The total number of shares traded during the day was 255684 in over 3806 trades.
The stock hit an intraday high of Rs. 193.35 and intraday low of 157. The net turnover during the day was Rs. 42837189.