DHARAN INFRA-EPC LIMITED has informed the Exchange about Rumour Verification - Regulation 30(11)
DHARAN · price
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Dharan Infra-EPC has issued a voluntary clarification addressing rumors on social media about the alleged arrest of Mr. Naresh Karda, one of its Directors. The company states that the case against him is fake and frivolous, filed with the intent to defame him and the organization. It has assured investors that there is no impact on the company's operations, financial position, or governance due to this matter. The disclosure was made proactively to counter misinformation and prevent any negative impact on investor sentiment.
Short-term share price may see volatility due to the rumor-driven noise, but the company's voluntary clarification aims to contain damage to its reputation. Investors should monitor for any further developments or official responses from law enforcement regarding the allegations.