Shining Tools Clarifies BSE Price Movement Query

Key Clarifications Provided

1. Compliance Status: The company confirms consistent compliance with Regulation 30 of SEBI LODR Regulations, 2015, and states it has been promptly intimating the Exchange of all events and information bearing on company operation or performance, including all price-sensitive information.

2. Undisclosed Information: The company explicitly states that at present, there is no pending information or announcement that may have a bearing on the price of the scrip.

3. Price Movement Explanation: Attributes the share price movement to being "purely market-driven" and potentially a combination of market conditions and investor sentiment. The management explicitly denies any connection with such price movement.

Commitment

The company assures continued commitment to keep the Exchange informed of any information as required under SEBI LODR Regulations, 2015, as and when any such event occurs.