Reference to L/SURV/ONL/PV/AJ/2025-2026/3065 dated September 2, 2025, please find attached herewith our reply
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Awaiting price reaction for this filing.
Centenial Surgical Suture Ltd has responded to BSE's query (L/SURV/ONL/PV/AJ/2025-2026/3065 dated September 2, 2025) regarding unusual trading activity in its shares (Scrip code 531380). The company alleges that certain persons, entities, and broking firms have been involved in price rigging through manipulative trading patterns, including buying/selling 1-5 shares at a time across multiple locations in India to artificially push the price up or down. The company claims the price movement is not supported by any company fundamentals and that no material announcement was made to justify the sharp rise and fall. The company has stated it is willing to share detailed buyer/seller transaction data from January 1, 2025 to August 31, 2025 and is requesting SEBI and BSE to investigate the matter and take penal action against the alleged conspirators. The company clarified it has no role in the alleged manipulation and is not aware of any pending regulatory or legal proceedings in this regard.
The stock may remain volatile and under close BSE/SEBI surveillance. While the company itself is the complainant and not the accused, the ongoing scrutiny and alleged price rigging could lead to investigations that may temporarily affect liquidity and investor confidence in the scrip.