BNR Udyog Limited has submitted a formal response to BSE Limited regarding significant movement in the company's share price. The disclosure is made pursuant to SEBI (LODR) Regulations, 2015, specifically Regulation 30.
The company explicitly states that there are no events, information, or developments that have any bearing on the operation or performance of the company. This includes the absence of any price-sensitive information that could explain the observed movement in share price.
The company attributes the significant share price movement solely to market-driven factors, stating that the volatility is not connected to any company-specific developments.
The managing director, Kamal Narayan Rathi (DIN: 00011549), has digitally signed the disclosure, confirming that no extraordinary events have taken place within the company that would cause significant price movement. The company commits to promptly intimate the exchange of any material events that may arise in the future, as required by regulatory obligations.
Financial Impact
No financial impact disclosed. The company confirms no material events affecting operations or performance.