With reference to the news item appearing in a leading financial daily titled 'Delisting Buzz Fuels Gillette Stock Surge', Gillette India Ltd has clarified to BSE that, 'the Company has no plans for an open offer or delisting. The said news regarding possibility of an open offer by the Company or delisting of the Company is untrue. In fact, the Company has recently successfully completed a sell-down of shares to deliver compliance with SEBIs minimum public shareholding requirement.
As this information is untrue, the Company is not required to make any disclosures to the Stock Exchanges under Clause 36 of the Listing Agreement.'
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