With reference to your mail dated 8th April 2026 seeking clarification on the significant price movement we hereby submit our reply for your kind perusal.
Price
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BSE Limited had written to Ludlow Jute & Specialities Ltd on 8th April 2026 seeking clarification about significant price and volume movement in the company's securities. In response, the company stated on 9th April 2026 that it has not withheld any material information or event required to be disclosed under SEBI Listing Regulations. The company clarified that the price and volume movement is purely market-driven and the management has no connection with the increase or decrease in the stock price. The response was signed by Neha Jain, Company Secretary.
This is a routine regulatory clarification and has no direct impact on shareholders. It confirms there is no undisclosed material event driving the stock price, suggesting the movement may be speculative or sector-related.