Company's Response
The company states that it has made all necessary disclosures from time to time in a timely and accurate manner, in conformity with the principles governing disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Material Information Disclosure
InfoBeans confirms that it has not withheld any material information or event that may have a bearing on the price or volume behavior of its shares. The company will continue to make disclosures to stock exchanges as and when any event or information requiring disclosure under Regulation 30 of SEBI LODR Regulations arises.
Attribution of Price Movement
The company attributes the recent significant movement in share price to purely market-driven factors beyond the control of the company.