The Excahnge has sought clarification from Uttam Galva Steels Ltd., with respect to recent news item captioned "Signed MOA with POSCO to expand Uttam Galva Metaliks". 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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