Educomp Solutions has approached the Economic Offences Wing of Delhi Police and the Cyber Cell to apprise them about malicious rumors by some elements to hamper its stock value.

The Managing Director and CEO of Educomp Solutions, Shantanu Prakash has expressed concerns over the conspiracy to malign the image of Indian corporate sector in general and the company in particular. It should be recalled that several news came out from different sources revealing that the accounts of company have been fudged.

Mr. Parkash said that he would personally bring the matter in the notice of the Security and Exchange Board of India. He expressed his gratitude to Foreign Institute Investors and some global counterparts for their support.

Mr. Prakash said that his company is committed to deliver efficient services keeping in mind the larger interest of shareholders. The company would never allow market manipulation for short term profits. It believes in long term relations with investors and asked them to have confidence in the company.

Meanwhile, shares of Educomp Solutions gained 5.22 per cent and it emerged as top gainer at the Bombay Stock Exchange. About four lakh shares were sold like hot cakes in first few minutes at BSE.