Compliance Statement
The company confirms it has furnished all necessary events and information to BSE as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This includes all price-sensitive information that has bearing on the company's operation and performance.
Material Information Status
Sanghvi Brands Limited explicitly states that it has neither withheld disclosure of any material information/event nor has any impending announcement that may affect the price/volume behavior of its scrip.
Explanation for Volume Movement
The company attributes the recent increase or spurt in volume to market conditions, describing it as "purely market driven" and beyond the company's control.
Governance Commitment
The letter reiterates the company's commitment to regulatory compliance and highest standards of corporate governance.
Additional Disclosure
This response letter was simultaneously uploaded on the company's website at www.sanghvibrands.com.