With reference to your e-mail bearing Ref No. L/SURV/ONL/PV/SJ/2026-2027/3910 dated 25.05.2026, we are hereby submitting our clarification on the Price movement.
Price
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BSE had written to the company on 25.05.2026 requesting clarification on unusual movement in the company's share price. In response, the company states it has complied with all disclosure requirements under SEBI (LODR) Regulations, 2015 and has not withheld any price-sensitive information. The company attributes the share price movement to general market conditions, stating it has neither control nor knowledge of the specific reasons behind the price action. The Managing Director, T. Ashok Raj, signed the clarification on 26.05.2026.
This is a routine regulatory response with no new material information. It does not indicate any undisclosed corporate development but confirms the company is under exchange scrutiny regarding recent price volatility.