The exchange has sought clarification from Bhushan Steel Ltd., with respect to recent news item captioned "Share surges on reports of talks with Bhushan Steel to acquire stake in Orissa Sponge Iron". In this regard, has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced s which could explain the aforesaid movement in the trading. The response from the Company is awaited.
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