PATNI

Spurt in Volume : Substantial increase in trading volumes have been observed in Patni Computer Systems 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. Patni Computer Systems Limited has vide its letter inter-alia stated,"The Company is not presently aware of any circumstances or events which have resulted in the increase in the trading volume of the shares of the Company."

News Verification : The media had reports that L&T Infotech may acquire a majority stake in Patni Computer Systems 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. Patni Computer Systems Limited has vide its letter inter-alia stated, "We wish to clarify that the news appearing in the media appears to be speculative in nature and the Company does not have any knowledge of the contents of the transaction con

News Verification : The media had reports that the promoters may sell a part of their 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. Patni Computer Systems Limited has vide its letter inter-alia stated," We wish to clarify that the company has not received any intimation from the stake holders referred in the said news item to sell any stake in the company. As such, the news item appears to b

News Verification : The media had reports on May 19, 2007 that Patni Computer Systems Limited IBM may acquire around 25% 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. Patni Computer Systems Limited has inter-alia replied. "We wish to clarify that the Company has not received any intimation from any large shareholder to offload any stake to any of the companies referred in the said news artic

News Verification : The media had reports on May 19, 2007 that Patni Computer Systems Limited IBM may acquire around 25% 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. Reply is awaited from Patni Computer Systems Limited.

News Verification : The media had reports on January 30, 2007 that Patni Computer Systems Limited may bag a major order from a US multinational. 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. Patni Computer Systems Limited has vide its letter inter-alia stated, "As a matter of policy we do not comment on the speculative news items."

Clarification of News : The press had reports that Patni Computer Systems Limited is planning an American Depositories Receipts (ADR) issue. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Patni Computer Systems Limited has vide its letter inter-alia stated, "In this connection we wish to clarify that the Board of Directors have neither considered nor approved any such proposal. The necessary intimation would be gi