ORBITCORP

The Exchange had sought clarification from the Company with respect to recent news item captioned EOW gets court s nod for Orbit Corp MD s police custody in IDBI Bank fraud case .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 awar

The Exchange has sought clarification from the Company with respect to recent news item captioned EOW gets court s nod for Orbit Corp MD s police custody in IDBI Bank fraud case .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 awar

The Exchange has sought clarification from the Company with respect to recent news item captioned "Orbit Corp MD Pujit Aggarwal arrested by EOW in Rs. 52 Crore cheating case". 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

The Exchange has sought clarification from the Company with respect to recent news item captioned "Orbit Corp MD Pujit Aggarwal arrested by EOW in Rs. 52 Crore cheating case". 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

The Exchange has sought clarification from Orbit Corporation Limited with respect to recent news item captioned "Orbit Corporation's CEO arrested under charges of cheating". 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. Orbit Corporation Limited has submitted their response.

The Exchange has sought clarification from Orbit Corporation Limited with respect to recent news item captioned "Orbit Corporation's CEO arrested under charges of cheating". 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.

ORBITCORP:The Exchange had sought clarification from Orbit Corporation Limited with respect to announcement dated 13-Aug-2016, regarding the outcome of board meeting held on August 12, 2016.On the basis of above reply of the Company is attached

ORBITCORP:The Exchange has sought clarification from Orbit Corporation Limited with respect to announcement dated 13-Aug-2016, regarding the Exchange about the outcome of board meeting held on August 12, 2016.On basis of above the Company is required to clarify following:1. Reason for change viz. appointment, resignation, removal, death or otherwise;The response of the Company is awaited.

News about Orbit Corporation Limited. The media had reports that "Orbit's Rs.528-cr dues to be restructured". 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. Orbit Corporation Limited has vide its letter inter-alia stated, "Restructuring is our ongoing process and are engaging with financial institutions for the same & in our Annual General Meeting held on 26th December, 2015, we specifically informed our shareholders with re

The Exchange has sought clarification from Orbit Corporation Limited, with respect to recent news item captioned "Orbit's Rs.528-cr dues to be restructured". 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.

Orbit Corporation Limited has informed the Exchange, vide letter dated December 31, 2014 regarding news clarification.

News Verification : The media had reports that "LIC Housing Finance has taken possession of Orbit Corporation's 25,670-square feet property in Lower Parel area of Mumbai after it defaulted on its loan.". 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. Orbit Corporation Limited has vide its letter inter-alia stated, "We would like to inform you that LIC HFL has taken the possession. However, DRT has allowed us the access and to carr

News Verification : The media had reports that Orbit Corporation Limited may sell its land. 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. Orbit Corporation Limited has vide its letter inter-alia stated, "The Company is in the business of real estate development in the Mumbai Metropolitan Region. The company is involved in the purchase and sale of the land parcel / dilapidated buildings / open plots in the regular course of busine

Orbit Corporation Limited has informed the Exchange with reference to the news article "Orbit set to foray into education" published in the news paper on May 07, 2010, that the Company has not offered any comments to the media as regards any plan to venture into the education sector as mentioned in the article. However, the Company would like to categorically state that the statements in the press made by the Promoters are in their individual capacity and are not related to the Company or any of its business.

Orbit Corporation Limited has informed the Exchange regarding clarification on the News Article on "Purchase by Promoters also boost sentiments" published in the newspaper on December 25, 2008. The Company would like to clarify that: "We have not offered any comments to the media and the Promoters of our Company have till date not made any creeping acquisitions as mentioned in the Article."

News Verification : The media had reports that Orbit Corporation Limited may sell Hafeez Contractor house in Mumbai for around Rs. 500 crore. 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. Orbit Corporation Limited has vide its letter inter-alia stated, "We have not offered any comments to the media and any such news is speculative in nature. Being in business, we continuously look at weighing the opportunities to

Orbit Corporation Limited has given their clarification regarding an article published in the newspaper. The details 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/Orbit_PR_30052007.zip target=NEW> For more details click here.</a>