NICCO

The Exchange had sought clarification from the Company with respect to news item captioned "Lenders reject Nicco Corp's resolution plan; liquidation could follow". The response from the Company is enclosed.

The Exchange has sought clarification from the Company with respect to news item captioned ��Lenders reject Nicco Corp's resolution plan; liquidation could follow��. 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 infor

Significant increase in price has been observed in Nicco Corporation 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. Nicco Corporation Limited has submitted their response.

Significant increase in price has been observed in Nicco Corporation 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.

News Verification : The media had reports that Prysmian Spa, Italy, may acquire a strategic stake in Nicco Corporation Limited. 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. Nicco Corporation Limited has vide its letter inter-alia stated,"From time to time, the company considers various corporate strategic options as an ongoing process. Once the Company finalises any arrangement or proposal, due intimation will

News Verification : The media had reports that Sonata Investments may pick up a stake in the company. 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. Nicco Corporation Limited has vide its letter inter-alia stated,"The report is factually incorrect."