Veljan Denison Limited submitted a formal reply to the Surveillance Department of BSE Limited in response to their letter (No. LlSURV/ONLlPV/SG/2026-2027/213) and email dated 03.07.2026, which queried the significant movement in the company's share price.
The company stated that there are no events, information, or announcements, including any pending announcements, that in its opinion have a bearing on its operations or performance and which require disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Veljan Denison further confirmed that there is no material event, information, or any other price-sensitive development that could have resulted in the significant price movement. The company attributed the share price movement to being "purely market-driven" and stated it is not aware of any reason attributable to the company for such movement.
The company affirmed its full compliance with disclosure requirements prescribed under the SEBI LODR Regulations, 2015 and assured the Exchange that it will continue to promptly disclose any material event or information as required by applicable statutory and regulatory requirements.
The response was digitally signed by K. Ramyanka Yadav, who holds the position of Company Secretary & Compliance Officer at Veljan Denison Limited.