Batliboi orders are no orders!

With reference to the news item appearing in a leading financial daily titled "Batliboi to buy Europe firm for Rs 90 crore", Batliboi Ltd has clarified that, this report is speculative, and not factually correct. It is the Company's strategy to grow both through organic and inorganic routes, and the Company is continuously evaluating opportunities for such growth. However at this stage the Company has no specific plan for acquisition.