The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

Ansal Properties & Infrastructure Limited has vide its letter inter-alia stated, "In this connection we would like to state that the news about our strategic stake sale of 15 percent or more to any investor for Rs. 1900 crores is not the factual position."

"Further, any other details attributable to us, with regard to the said project and not in consonance with the earlier announcements given to Stock Exchanges in this regard, from time to time, are incorrect and hereby denied."