Regulatory Compliance Statement
The company stated it is in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company asserts it has been promptly intimating and informing the stock exchange about all events and information that may bear on the company's operations and performance, including all price-sensitive information as required.
Price Movement Explanation
The company explicitly denied possessing any undisclosed price-sensitive information or any impending announcement/corporate action that needs to be disclosed to stock exchanges at this time. Management attributed the share price movement purely to market conditions and stated it is "absolutely market driven." The company further stated that management is in no way connected with any such price movement.
Future Commitment
The company committed to continue making applicable disclosures within stipulated timeframes and assured the exchange it will keep exchanges informed at all times while adhering to compliance requirements in the interest of investors.