Summary Body:
Nature of Query:
The company received a query from BSE (Ref: L/SURV/ONL/PV/SJ/2026-2027/4240) and NSE (Ref No.: NSE/CM/Surveillance/17533) dated September 10, 2026, seeking clarification regarding the significant movement in the price of the company's scrip (ISIN: INE995D01025).
Company Response / Clarification:
The company clarified that, to the best of its knowledge, the movement in the scrip's price is purely market-driven and attributable to market conditions. It stated it has no control over such price movement and is not aware of any information or event that may have resulted in the significant price movement. No quantitative financial details, operational updates, or strategic insights were provided in the clarification.
Regulatory Reference / Compliance:
The company affirmed it has made and will continue to make all necessary disclosures in compliance with its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. It also referenced its applicable agreements with the stock exchanges.
Analyst Perspective / Material Implications:
No material operational, strategic, or financial implications were disclosed by the company. The response is a standard denial of any company-specific undisclosed information being the cause of the volatility.