Company's Position
The company states that it has made all necessary disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. These disclosures include all information that has a bearing on the operations/performance of the company and all price sensitive information.
The company explicitly confirms that it has not withheld any material/price sensitive information that could affect the share price.
Explanation for Price Movement
The company attributes the increase in its share price solely to "market driven" factors and states that it does not possess any information that can be directly related to the price increase.
Regulatory Compliance Reference
The response specifically references compliance with Regulation 30 of SEBI LODR Regulations 2015 regarding disclosure obligations.