Sub: Clarification /Confirmation on news item appearing in
"Media/Publication"
Dear Sir(s),
This has reference to your letter no. NSE/CM/Surveillance/12695 dated January 3, 2023, seeking clarification/confirmation on the recent news item which appeared in the "Website-www.economictimes.com" dated January 3, 2023 captioned "Adani Group In Talks To Buy Promoter Stake In Orient Cement" and the material impact of this article on the Company.
At the outset, we wish to state that in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has promptly intimated the Stock Exchanges regarding all events and disclosed all information, that have a bearing on the operations/performance of the Company which include all price sensitive information, etc., as and when required.
With regard to the captioned news item, we wish to state that the Company is not privy to any such discussion, and therefore cannot comment on the same. We further wish to clarify that at present there is no material information/ announcement, including impending announcement, which in the opinion of the Company may have a bearing on the price/ volume behaviour of the scrip.
You are requested to take the above information on record.
Yours sincerely,
For Orient Cement Limited
NIDHI
BISARIA
Digitally signed by
NIDHI BISARIA Date: 2023.01.04 10:36:21 +05'30'
Nidhi Bisaria
(Company Secretary)
Orient Cement Limited
Corporate Office: Birla Tower, 3rd fl, 25 Barakhamba Road, New Delhi 110001, India. 011 42092100
Registered Office: Unit VIII, Plot No.7, Bhoinagar, Bhubaneshwar, Odisha 751012, India.
www.orientcement.com
CIN No: L26940OR2011PLC013933
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Orient Cement Ltd. published this content on 04 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2023 08:27:07 UTC.
Orient Cement Limited is an India-based cement company. The Company is primarily engaged in the manufacture and sale of cement. The Companyâs manufacturing facilities are located at Devapur in Telangana, Chittapur in Karnataka and Jalgaon in Maharashtra. The Companyâs product mix includes Pozzolana Portland Cement (PPC) and Ordinary Portland Cement (OPC), which markets under the brand name of Birla.A1-Birla.A1 Premium Cement and Birla.A1 StrongCrete. Its projects include Asian Cinema Mall, Sujana Mall Hyd, Birsi Airport, Mahindra Life Space, Tata Capitol, Godrej, Vastu Nagar, Municipal Corporation, Hotel Express Inn Nashik, Koso India Pvt. Ltd, Parksyde Residence, Apollo Hopital, Samrat Vrindavan, Karmaa Galaxy, Sports Stadium, Signature Residential, Hari Vara Residential, Nakshatra Township, Amar Builder, Abis, India Bull Power Plant, NTPC Power Plant, Rattan India Power Plant, Nagpur Highway, Nagpur Amravati Highway, Gurudwara, Sripada Dam, Nagar Nigam Project and Vill-Dondilohara.