Mcleod Russel India Limited — Others, 22-07-2025: Rumour Verification - Regulation 30(11)
22-07-2025 | 08:06 pm
22-07-2025 | 08:06 pm
McLeod Russel India Ltd. has clarified a market rumour regarding a potential acquisition of the company by Pheonix. The company categorically states that this rumour is factually incorrect and misleading. This market speculation had caused some volatility in the company's share trading and created uncertainty among investors. The company is committed to transparency and will disclose any strategic opportunities as needed, aiming to prevent investors from being influenced by unsubstantiated rumours.
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