Nature of Query:

  • BSE query received on October 13, 2026 (Ref No: L/SURV/ONL/PV/SJ/2026-2027/4378)
  • NSE query received on October 13, 2026 (Ref No: NSE/CM/Surveillance/17702)
  • Both exchanges sought clarification regarding significant movement in the company's share price

Company Response / Clarification:

  • The company stated it has disclosed all material information bearing on operations/performance to stock exchanges
  • Management affirmed they are not aware of the reason for significant price movement in company shares
  • Attributed the price movement to purely market-driven factors and combination of various market conditions
  • Specifically stated that management is in no way connected with the movement in share price
  • No quantitative financial details, revenue, profit, or operational metrics were provided in the response
  • No supporting annexures, calculations, or tables were referenced in the clarification

Regulatory Reference / Compliance:

  • Explicit reference to compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Company affirmed it has made all necessary disclosures within stipulated timeframes
  • Reiterated commitment to continue adhering to compliance requirements under Listing Regulations and other applicable laws
  • No additional actions or filings were indicated as required beyond this clarification

Analyst Perspective / Material Implications:

  • No material operational or strategic insights were provided in the clarification
  • The response maintains that no company-specific developments drove the price movement
  • Company maintains stance that all material information has been properly disclosed to markets
  • No explicit impact on stock trading, liquidity, or investor perception was discussed