Clarification w.r.t Regulation 30 of the SEBI(LODR) Regulations, 2015- A-1 Limited_BSE email dated 13.04.2024
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A-1 Limited has filed a clarification with BSE denying a false rumor circulating on the Telegram channel 'Chase Alpha-SEBI REG' claiming the company acquired a 20% stake in Yashvi Lifesciences. The company categorically states it has not made any such acquisition and has no such proposal under consideration. The company has no affiliation with the Telegram channel or its operators. Management condemns the spread of misleading information that appears designed to manipulate investor sentiment and has stated it will file a formal clarification on BSE and evaluate legal action against those responsible for the false news.
No material change to the company's status. This filing is precautionary, clarifying no corporate action has occurred despite social media rumors. The stock should not be affected as this confirms the rumor was baseless.