Significant movement in price has been observed in Mangalam Organics Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Mangalam Organics Limited has submitted their response.

The National Stock Exchange flagged unusual price movement in Mangalam Organics' stock and wrote to the company requesting clarification. In response, the company confirmed it is fully compliant with SEBI Listing Regulations and has been promptly disclosing all material events and price-sensitive information. The company explicitly denied having any unpublished price sensitive information (UPSI) that could explain the price movement. The filing states that the price movement is purely market-driven and the company has no control over it. This is a routine regulatory clarification following an NSE surveillance query.