In reference to the BSE email (L/SURV/ONL/PV/CM/2025-2026/257) dated July 11, 2025 seeking clarification on significant price movement in our security. Please be informed that there is ....
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Gini Silk Mills responded to a BSE email dated July 11, 2025 seeking clarification on a significant movement in its share price. The company stated it is in compliance with SEBI (LODR) Regulations, 2015 and has been promptly disclosing all material information under Regulation 30. It confirmed there is no undisclosed price-sensitive information, corporate action, or pending announcement that could explain the price movement. The Managing Director Deepak Harlalka signed the response, attributing the price movement purely to market conditions beyond the company's control.
This is a routine regulatory clarification with no negative implications; the company has no undisclosed information, so investors should interpret the price move as market-driven unless further disclosures emerge.