Company Response

The company stated that:

  • All material information/announcements that may have bearing on the operations/performance of the company have been disclosed
  • All necessary disclosures have been made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All disclosures were made within stipulated timeframes
  • There are no undisclosed price-sensitive information
  • There are no impending announcements or corporate actions that would significantly bear on price movement/volume behavior

Price Movement Explanation

The company attributed the price movement to:

  • Market conditions (purely determined by market conditions)
  • Market-driven factors (absolutely market driven)
  • Denied any company connection with the price movement

Future Commitment

The company committed to keeping the exchange informed of any such events/information in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.