LAKSHMIEFL

LAKSHMIEFL: The Exchange has sought clarification from Lakshmi Energy and Foods Limited with respect to announcement dated 14-Feb-2017, regarding "Lakshmi Energy and Foods Limited has informed the Exchange regarding outcome of meeting of the Board of Directors of the Company held on February 14, 2017. On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);The response of the Company is attached.

LAKSHMIEFL:The Exchange has sought clarification from Lakshmi Energy and Foods Limited with respect to announcement dated 14-Feb-2017, regarding "Lakshmi Energy and Foods Limited has informed the Exchange regarding outcome of meeting of the Board of Directors of the Company held on February 14, 2017.". On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);The response of the Company is awaited.

Lakshmi Energy and Foods Limited has informed the Exchange regarding "Clarification on the Stock Exchange Notice dated 23 December 2016 regarding defaulting entities in National Spot Exchange Limited (NSEL) issued on the instance of NSEL letter to SEBI".

News Verification : The media had reports in the article that "LOIL promoter says he doesn't owe NSEL". 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. Lakshmi Energy and Foods Limited has vide its letter inter-alia stated, "Three LOIL firms - LOIL Overseas Foods Ltd, LOIL Health Foods Ltd and LOIL Continental Foods Ltd, (hereinafter referred to as "promoter group companies"), have no outstanding liabilities but have claims agains