Nature of Query:

  • BSE query dated September 28, 2026 (Ref No. L/SURV/ONL/PV/SJ/2026-2027/4310)
  • NSE query dated September 28, 2026 (Ref No. NSE/CM/Surveillance/17614)
  • Both exchanges inquired about significant price movement in the company's scrip (Trading Symbol: RAJTV)

Company Response / Clarification:

  • The company stated that the price movement in its scrip is "purely due to market conditions and absolutely market driven"
  • Management explicitly stated they "neither have any control nor has any knowledge of the reasons for the significant movement in price"
  • No quantitative financial details, revenue figures, profit metrics, or operational explanations were provided
  • No supporting annexures, calculations, or tables were referenced in the response

Regulatory Reference / Compliance:

  • The company affirmed 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 company referenced its agreements with the stock exchanges
  • No additional actions or filings were indicated as required beyond this clarification

Analyst Perspective / Material Implications:

  • No material operational or strategic insights were provided in the clarification
  • The disclosure explicitly states management has no knowledge of specific reasons for the price movement
  • No impact on stock trading, liquidity, or investor perception was discussed beyond the market-driven explanation