Reply to BSE Letter dated 10th June, 2025 - Volume Movement Letter
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company received a routine surveillance query from BSE on 10th June 2025 asking about unusual trading volume in its shares (Scrip Code: 505720). In its reply signed by CFO Siddhesh Gokhale, the company stated that it has already disclosed all material, price-sensitive information to the exchanges as required under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company explicitly denied withholding any information that could explain the price/volume movement. It attributed the spike purely to broader market conditions and said the management has no knowledge of or connection to the unusual trading activity.
This is a standard regulatory clarification, not an adverse event. Shareholders should note the company is cooperating with exchange surveillance, but no new fundamental business information has been disclosed, so the stock's recent volatility likely remains unexplained beyond general market sentiment.