Generic Engineering Construction & Projects Ltd submitted a formal response to BSE Limited regarding significant movement in the price of its security across exchanges. The company referenced BSE's surveillance letter Ref: L/SURV/ONL/PV/APJ/2026-2027/4423 dated [exact date not provided in document].
The company made three key clarifications:
1. Confirmed regular disclosure of all necessary information, including price-sensitive information, to stock exchanges in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.
2. Stated that there is no undisclosed information or impending announcement from the company that could affect the price or volume behavior of its security.
3. Attributed the recent share price movement purely to market-driven conditions and market conditions, explicitly stating that the company has no control or knowledge regarding these price movements.
The response was digitally signed by Shital Laxmikant Lokhande, Whole-Time Director & CFO (DIN: 11163063), on 23rd October 2026 at 10:45:26 IST. The company requested BSE to take this information on record.
Financial Impact
No financial impact quantified in the disclosure. The company characterized the price movement as market-driven without specific financial implications.