Key Details

  • The company received a communication from Bombay Stock Exchange bearing Ref No. L/SURV/ONL/PV/APJ/2026-2027/4154 dated August 19, 2026
  • The exchange inquired about significant movement in the price of the company's security
  • Company management stated that the price movement is "purely due to market conditions and absolutely market driven"
  • Management explicitly stated they have "neither any control nor has any knowledge of the reasons for the significant movement in price"
  • The company confirmed it has made and will continue to make all relevant disclosures in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • The response also references compliance with agreements with stock exchanges

Financial Impact

No specific financial impact or quantification provided in the disclosure. The communication is purely explanatory regarding price volatility.