Company's Response
The company stated that it has been promptly intimating the stock exchange of all events and information as required under Regulation 30 of SEBI (LODR) Regulations, 2015, including all price-sensitive information. Regarding the specific price movement, the company attributed it to being "purely market driven" and owing to "improvement to the domestic and global market conditions." The company explicitly stated it has "neither any control nor any knowledge of reasons" for this market-driven movement.
Compliance Assurance
The company assured BSE that it will continue to promptly inform the exchange of all material events, information, and actions as required under the SEBI (LODR) Regulations.