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