Clarification regarding Circulation of Stock Related Claims on Social Media Platforms
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 has clarified that it is not linked to any stock-recommendation videos or promotional content circulating on social media platforms like YouTube. It has denied specific false claims being made, including a rumoured ₹120 crore order from a Singapore-based IT company and speculative statements about promoter and FII holdings. The company confirmed its only real business tie-ups are a ₹64 crore agreement with Star IT Solution Limited and a ₹65 crore order proposal from Chixin Technology Co. Ltd., both of which were already disclosed to BSE. The company also noted that it currently has no promoter, following BSE-approved reclassification to public category on March 13, 2025. Investors have been urged to rely only on official stock exchange communications and consult SEBI-registered advisors.
This is a defensive clarification meant to protect retail investors from potential stock-touting or pump-and-dump schemes using the company's name. While it does not indicate any negative action against the company itself, the existence of such misleading content could create short-term volatility or trap unaware investors. Shareholders should ignore unofficial tips and stick to verified BSE filings.