S.P.Apparels Limited has submitted a formal clarification to The Listing Department of the Bombay Stock Exchange Limited in response to their email reference No. L/SURV/ONL/PV/SJ/2026-2027/4046 dated July 10, 2026.
The company explicitly states that it has intimated all required events and information to the exchanges, including all price sensitive information as mandated under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure confirms that the company has not withheld any information or announcements, including impending announcements, that in their opinion would have a bearing on the price/volume behavior of the company's scrip.
Regarding the recent share price movement, the company attributes this solely to market conditions, stating that the movement is "purely due to market conditions and are market driven." The company further clarifies that it neither has any control over these market conditions nor possesses any knowledge of the specific reasons behind the price movement.
The letter is signed by K.Vinodhini, who holds the position of Company Secretary and Compliance Officer for S.P.Apparels Limited.