Titagarh Wagons clarifies on receiving license for manufacturing Defence equipment

Kolkata (KOAA): The Exchange had sought clarification from Titagarh Wagons Ltd with respect to news article on April 21, 2015 titled “Titagarh wagons Ltd & Cimmco Ltd got license for manufacturing Defence equipment, Titagarh Wagons to start manufacturing of defence equipments in december at Cimmco Unit”

Titagarh Wagons Ltd clarified “As regards Titagarh Wagons Limited, an application has been made for similar industrial license, however the development any, requiring intimation pursuant to Clause 36 shall be duly conveyed to your office in due course.
Please note that other than the above, we or nobody on our behalf have issued any press release on the subject.”