CNOVAPETRO

Significant movement in price has been observed in CIL Nova Petrochemicals Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. CIL Nova Petrochemicals Limited has submitted their response.

Significant movement in price has been observed in CIL Nova Petrochemicals Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

CNOVAPETRO:The Exchange had sought clarification from CIL Nova Petrochemicals Limited with respect to announcement dated 11-Dec-2017, regarding " CIL Nova Petrochemicals Limited has informed the Exchange regarding Outcome of Board Meeting held on December 11, 2017.". The Company on REPLY_DATE has clarified as below: Clarification is enclosed.

CNOVAPETRO:The Exchange has sought clarification from CIL Nova Petrochemicals Limited with respect to announcement dated 11-Dec-2017, regarding "Outcome of Board Meeting held on December 11, 2017.". On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable) & term of appointment;The response of the Company is awaited.

Clarification by CIL Nova Petrochemicals Limited Significant price movement has been observed in CIL Nova Petrochemicals Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. CIL Nova Petrochemicals Limitedhas vide its letter inter-alia stated, "The company is regular in compliance with the provisions of the Listing Agreement entered into with the Stock Exchanges. We always comply with clause 36 of the listing agreement and