Enclosed Herewith Clarification required by BSE with respect to Regulation 30 of SEBI (LODR) Regulations, 2015
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Deep Diamond India Limited has written to BSE's Investigation department to clarify unauthorized Telegram and YouTube videos circulating about the company. The company has denied any involvement in creating, publishing, or endorsing these videos and stated that promotional claims like 'debt-free status' and 'FII holding of ₹200 crores' are factually incorrect. Some operational details in the videos appear to have been picked from the company's own official stock exchange filings. The company clarified that its acquisition of Oasis Ceramics Private Limited was done through the Corporate Insolvency Resolution Process (CIRP) as per an NCLT order dated March 24, 2025, which is in the public domain. Deep Diamond emphasized it has not authorized any third party or influencer to promote its securities and remains compliant with SEBI (LODR) disclosure norms.
Retail investors should ignore unverified claims circulating on social media and rely only on the company's official BSE filings for accurate information. The regulatory engagement with BSE's investigation team may create short-term uncertainty, but no wrongdoing by the company has been alleged in this communication.