Brief: Heidelbergcement India not considering proposal to acquire Lafarge's eastern India units

Heidelbergcement India

24/07/2015 05:57

July 24 (Reuters) - HeidelbergCement India Ltd  HEID.NS : 
 * Is not considering proposal to acquire Lafarge's eastern India units at the 
   moment. 
 * Source text: 
The Exchange had sought clarification from HeidelbergCement India Ltd with respect to news article appearing in The Financial Express on July 23, 2015 titled "Heidelberg likely to acquire Lafarge's Eastern India units" 
 
HeidelbergCement India Ltd replied stating "Kindly note that HeidelbergCement India Limited is not considering any such proposal at the moment.  
 
The company maintains high standards of corporate governance by keeping a principle of not reacting to rumours or speculations. We remain committed to compliance with clause 36 of the listing agreement and shall make appropriate disclosures and announcements, which may have a material bearing on the performance / operations of the Company if and when any such disclosable event occurs." 
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