BSE query received on October 15, 2026 (Ref No: L/SURV/ONL/PV/SJ/2026-2027/4398)
NSE query received on October 15, 2026 (Ref No: NSE/CM/Surveillance/17723)
Both exchanges sought clarification regarding significant movement in the company's share price
Company Response / Clarification:
The company affirmed it has always disclosed all material information bearing on operations/performance to stock exchanges
All necessary disclosures were made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 within stipulated time
Management stated they are not aware of the reason for significant movement in share price
Attributed price movement to being purely market driven and potentially a combination of various factors including market conditions
Specifically stated that management is in no way connected with the movement in share price
No quantitative financial details, revenue, profit, EPS adjustments, or cash flow metrics were provided
No supporting annexures, calculations, or tables were referenced
Regulatory Reference / Compliance:
Explicit reference to compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Company affirmed continued adherence to compliances required under Listing Regulations and other applicable laws
No additional actions or filings were indicated as required
Analyst Perspective / Material Implications:
No material operational or strategic insights were provided in the clarification
The disclosure explicitly states no management connection to price movement
No impact on stock trading, liquidity, or investor perception was discussed
