Stock Report

Shasun Chemicals clarifies on news item regarding acquisition



Posted On : 2007-02-22 02:02:43( TIMEZONE : IST )

Shasun Chemicals clarifies on news item regarding acquisition

With reference to the news item appearing in a leading financial daily titled "Ranbaxy says no plans to issue US Shares". Shasun Chemicals and Drugs has been erroneously cited as being in the race to buy Ranbaxy's unit in Ireland, Shasun Chemicals & Drugs Ltd has clarified that, the above news item is speculative and the Company deny any such development at the moment.

Source : Equity Bulls

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