Oberoi Realty: No transaction with IKEA

The company would also like to add that the Company in the normal course of its business engages in discussions with various parties in connection with its business

Apr 18, 2016 09:04 IST India Infoline News Service

Oberoi Realty Ltd clarified that the Company does not comment on rumours or speculations appearing in media.
The company would also like to add that the Company in the normal course of its business engages in discussions with various parties in connection with its business and would like to place on record that in our view there is no transaction with IKEA or any other potential customer for which announcement is pending intimation to the Stock Exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company's Policy for Determination of Materiality, which is disclosed on our website.
The company shall timely intimate the stock exchange any material event/ information in terms of the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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