This document constitutes the company's formal response to BSE Limited's surveillance department regarding recent price movement in the company's securities. The communication references BSE's email dated August 13, 2026 (Reference: L/SURV/ONL/PV/SJ/2026-2027/4141).
The company states that it conducts business in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It highlights that the company got listed on July 29, 2026 and has been making timely disclosures of all events and information that impact company operations and performance, including all price-sensitive information as required under Regulation 30 and other applicable regulations.
The company explicitly states that it has not withheld any information or events that would impact the price behavior of its scrip. The response attributes the share price movement purely to market conditions and describes it as "market driven," emphasizing that the company has neither control over nor knowledge of the specific reasons for this movement.
The document is digitally signed by Naina Saha, who holds the positions of Company Secretary and Compliance Officer, on August 21, 2026 at 17:18:41 IST.