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