Kindly find the attached reply for Rumor Verification.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chandrima Mercantiles has issued a strong clarification in response to BSE's query about unverified promotional content circulating on YouTube and other social media platforms. The company categorically denies launching any website called Chandrima.io, rejects claims of having $124M revenue and clients like Meta, Google, Microsoft, and Berkshire Hathaway, and disowns any association with a so-called 'Chandrima AI' video generation technology. It also clarifies that no SEBI-registered research analyst has been authorized to give a Rs. 100 target price on the stock. The company warns investors that these claims are unauthorized and baseless, and reserves the right to take legal action against those misusing its name and brand. Investors are urged to rely only on official exchange filings and audited disclosures.
This is a protective clarification that helps retail investors avoid being misled by social media pump-and-dump type content using the company's name. While the company is standing firmly against misinformation, the existence of such viral false claims suggests the stock may have been targeted by manipulators — investors should be cautious and verify all information through official BSE filings only.