Tejas Networks Ltd clarifies on exposure to Afghanistan

The company has noticed certain media / press have reported linking the business exposure of Tejas Networks Limited (the "Company") with the recent adverse situation and developments in Afghanistan.

In this connection, the Company voluntarily clarified that, as on date:

- There are no customer orders from Afghanistan that are pending for execution.

- There are no outstanding receivables from customers in Afghanistan.

- There are no Tejas employees located in Afghanistan.

- There are no assets of the Company which are located in Afghanistan.

Shares of Tejas Networks Limited was last trading in BSE at Rs. 378.7 as compared to the previous close of Rs. 398.6. The total number of shares traded during the day was 18312 in over 835 trades.

The stock hit an intraday high of Rs. 378.7 and intraday low of 378.7. The net turnover during the day was Rs. 6934754.

Source : Equity Bulls

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