JSPL refutes allegations of not disclosing info on Australian mines to investors
Jindal Steel and PowerNSE -3.78 % Ltd (JSPL) Tuesday refuted allegations of not reporting to the investors issues related to its mines in Australia and termed the charges as “false facts”.
“Arun Kumar Jagatramka erstwhile promoter of Gujarat NRE Coke Ltd, has made an extremely shallow attempt by writing a flimsy defamatory piece and the allegations made are incorrect and frivolous in its entirety and hence not to be believed,” JSPL said in a BSE filing.
The company further informed the exchange that it is already into litigation with GNCL and it is saddening to see that Jagatramka is resorting to insinuate the public at large with false fact and accusations in response to the litigations.
