Key Clarification Points
The company states that it has been regularly sharing all information and announcements that may have a bearing on the operation/performance of the company, including all price-sensitive information with the stock exchange.
Specifically regarding the recent share price increase, the company clarifies:
- Management is not aware of any reason for the sudden increase in share price
- Attributes the price movement to purely market-driven conditions
- States that company management is in no way connected with any such movement in share price
Regulatory Compliance Statement
The company reiterates its adherence to the requirements laid down in Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company commits to keeping the stock exchange duly informed of any information as required under these regulations as and when any such event occurs.