The company confirmed it is in discussions with OpenAI for an AI-enabled shopping experience partnership, characterizing this as part of its ordinary course of business where it regularly collaborates with various parties to support and enhance its business.
The company stated it will make appropriate disclosures/announcements in compliance with applicable laws as and when due regarding this partnership.
The company clarified that there is no material information or price-sensitive information that has not been announced which could have a bearing on the price/volume behavior in the scrip. The movement in trading is described as purely market-driven and potentially a combination of various market factors.
The company confirmed that currently, in the context of this subject matter, there are no pending legal or regulatory proceedings.
