Company's Response to Price Movement Query
The company states that it has already disclosed all information bearing on the operation/performance of the company, including any price-sensitive information, to the exchange, regulators, and stakeholders within the stipulated time frame as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Declarations
- No impending announcements are pending disclosure
- The company has not withheld any material information/event that would have bearing on the price behavior of the scrip
- The price movement is attributed to market sentiment/undertone and demand/supply matrix from various existing and prospective investors
- The movement is described as "absolutely market driven"
- The company and management deny any connection with the price movement or any control/role in activities on the stock exchange platform
Enclosures
The document references enclosed copy of BSE's clarification sought from the company.