Company's Clarification

The company states that:

  • All material events and price-sensitive information have been regularly disclosed to stock exchanges
  • Recent share price movement is "purely market driven and attributable to prevailing market conditions"
  • Management is "in no way connected with any such movement in the price"
  • Company is "not aware of any specific reason" for the price movement
  • No additional information exists beyond what is already in public domain (including financial results and disclosures)

Commitment to Compliance

The company reaffirms its commitment to:

  • Maintaining highest standards of transparency and timely disclosure
  • Continuing compliance with SEBI LODR Regulations, 2015
  • Disseminating all material and price-sensitive information to stock exchanges as required

Financial Impact

No specific financial impact or quantitative data disclosed. The clarification is procedural in nature regarding share price volatility.

#Tags: #AmirChand #SEBIDisclosure #PriceMovement #RegulatoryCompliance #Neutral