Dear Sirs:
This is with respect to reports in a section of the media this morning, Videocon categorically asserts there is no substance to rumours that the companys offices have been raided by any investigating agency. The contention of the said reports regarding chairman Mr. Venugopal Dhoot is totally false and malicious. Members are advised not to fall prey to such rumours.
You are requested to kindly disseminate this for the attention of all stake holders.