Peshwa Wheat Limited has submitted a clarification to the Manager of the Listing Department at BSE Limited in response to a communication from the exchange dated October 19, 2026. The exchange had sought clarification on the significant movement in the price of the company's equity shares in the recent past.
The company stated that the price movement in its scrip is purely due to market conditions and is absolutely market driven. The management of the company confirmed it has no control over, nor any knowledge of, the specific reasons for the significant price movement.
The company affirmed it has made and will continue to make all relevant disclosures in compliance with its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and its agreements with the stock exchanges. It reiterated its commitment to the timely, accurate, and transparent disclosure of all material events and information in accordance with applicable regulatory requirements. The company committed to making appropriate disclosures to the stock exchanges as and when any material information or event arises that requires disclosure.
The letter was digitally signed by Rahat Ali Saiyed, Managing Director (DIN: 10437335), on October 21, 2026, at 13:53:11 IST.