Company Position on Price Movement
The company states that it has made all necessary disclosures to BSE Ltd and has disclosed all material information that may have a bearing on the operations or performance of the company. These disclosures were made within the stipulated time as and when any event or information requiring disclosure occurred.
The company confirms that it is not aware of any information or development that could have led to the significant movement in the price of its shares. The management attributes the fluctuation in share price to being "purely market-driven" and states that the company management has no connection or direct/indirect involvement in the same.
Compliance Commitment
The company affirms its commitment to complying with the Listing Regulations and all other applicable statutory requirements.
Financial Impact
No specific financial impact or material event is disclosed in this communication. The company confirms no undisclosed material information exists that would explain the price movement.