News Announcement

Videocon Industries: Clarifies on News Item

With reference to the news item appearing in a leading financial daily titled 'OVL - OIL to buy Videocons 10% in Mozambique field for $2.5 bn', Videocon Industries Ltd has clarified to BSE that there is no new information with the Company, nor there is any event, which requires disclosure or intimation to the stock exchanges in terms of Clause 36 of the Listing Agreement.

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