Neelkanth Limited submitted a formal response to BSE Limited regarding clarification sought on October 08, 2026, concerning significant movement in the company's share price.
The company stated that it is in full compliance with SEBI (LODR) Regulations, 2015 and has promptly intimated the stock exchange about all events and information that may have a bearing on the company's operation and performance, including all price-sensitive information as required from time to time.
Management explicitly confirmed that the company has not withheld any information or events that, in their opinion, would impact the share price of the company.
The response attributed the share price movement purely to market-driven factors and prevailing market conditions, stating that the company has neither any control over these conditions nor any knowledge of the specific reasons behind the price movement.
The letter was digitally signed by Bhavik Rashmi Bhimjyani, Chairman & Managing Director (DIN: 00160121), on October 09, 2026 at 11:41:39 IST. The company's registered office is located at 508, Dalamal House, Jamnalal Bajaj Marg, Nariman Point, Mumbai 400021, with CIN L68100MH1980PLC022582.