Key Response Content
The company stated that based on available information and to the best of their knowledge:
- There is no material information, event, or development concerning the company that has not been disclosed to the stock exchanges
- No undisclosed information exists that could have a bearing on the price movement of the company's securities
Reason for Price Movement
The management attributed the significant price movement to:
- Purely market conditions
- Absolutely market-driven factors
- Attributable to market conditions beyond management's control or knowledge
Compliance Commitment
The company confirmed:
- It has made and will continue to make all relevant disclosures in compliance with obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- It shall continue to promptly disclose all required information/events under applicable SEBI LODR Regulations provisions