BHARATIDIL

BHARATIDIL: Members of the Exchange are hereby informed that trading in securities of Bharati Defence and Infrastructure Limited will be suspended with effect from February 01, 2019 (closing hour of trading on January 31, 2019) as per order no. MA 170/2018 in CP (IB) No.292/I&B/NCLT/MAH/2017 dated January 14, 2019 passed by Honble National Company Law Tribunal, Mumbai bench for appointment of official Liquidator and commencement of liquidation process for the company.

The Exchange has sought clarification from Bharati Defence and Infrastructure Limited with respect to recent news item captioned "German Dry Docks looks to acquire Bharati Defence". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Bharati Defence and Infrastructure Limited has submitted their response.

The Exchange has sought clarification from Bharati Defence and Infrastructure Limited with respect to recent news item captioned "German Dry Docks looks to acquire Bharati Defence". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange has sought clarification from the Company with respect to news item captioned "Bharati Defence stalls Edelweiss ARC's bankruptcy plea in NCLT". In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information th

The Exchange has sought clarification from Bharati Defence and Infrastructure Limited with respect to recent news item captioned "Bharati Defence in talks with equity investors". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Bharati Defence and Infrastructure Limited has submitted their response.

The Exchange has sought clarification from Bharati Defence and Infrastructure Limited with respect to recent news item captioned "Bharati Defence in talks with equity investors". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

News about Bharati Shipyard Limited. The media had reports that "Bharati Defence in Talks with Foreign Cos for Warship JV.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Bharati Shipyard Limited has vide its letter inter-alia stated, "We have neither entered into any Joint Venture with Russia's United Shipbuilding (USC) or UK firm or any other Firm nor the discussion/negotiation is going on with any of these firms or any o

The Exchange has sought clarification from Bharati Shipyard Limited, with respect to recent news item captioned "Bharati Defence in Talks with Foreign Cos for Warship JV." In this regard, the Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the Company is awaited.

The Exchange had sought clarification from Bharati Shipyard Limited with respect to news item captioned "Winding-up pleas against Bharti Shipyard queer the pitch for other lenders". In this regard, the Company has clarified as below; 1. The Petitions in respect of the following have been disposed off by the H ble court i. ABC Infra ii. Darshan Road Lines Pvt.Ltd The Petitions in respect of the following are expected to be disposed off on Monday, 16th March 2015. i. Super Tug Offshore Services 2. We would further advise that in respect of Life Insurance Corporation of India we had poin

The Exchange has sought clarification from Bharati Shipyard Limited with respect to recent news item captioned "Winding-up pleas against Bharti Shipyard queer the pitch for other lenders". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether c

Bharati Shipyard Limited has informed the Exchange regarding a clarification with reference to the news appearing in the newspaper under heading "Bharati Shipyard to appeal against Sebi's open offer order". A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/bhartiship_clarification_23112009.zip target=NEW> For more details click here.</a>

Bharati Shipyard Limited has informed the Exchange regarding the article titled "Bharati open to Great Offshore Offer" appearing in the newspaper on 6th January, 2009. The Company has clarified that: "The report states about a probable open offer by Bharati Shipyard Ltd. for acquisition of shares of Great Offshore Ltd. It may be noted that at present our company has no intentions to acquire/ pledge more shares of Great Offshore Ltd. It may further be noted that at present our company has no intentions of making an open offer for acquisition of shares of Great Offshore Ltd."

News Verification: The media had reports that Bharati Shipyard Limited may acquire the UK-based Swan Hunter Shipyard. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Bharati Shipyard Limited has vide its letter inter-alia stated, "We have to state that negotiations were going on with Swan Hunter for purchase of shipyard machinery and there are conditions precedent to be complied with, before the arrangement becomes

News Verification : The media had reports that Bharati Shipyard Limited may acquire the UK-based Swan Hunter Shipyard. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Bharati Shipyard Limited.