Response on clarification on Significant Movement in the Price of the Security.
MEGASTAR · price
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Awaiting price reaction for this filing.
BSE asked Megastar Foods to explain unusual movement in its share price. The company replied that it has been disclosing all material and price-sensitive information on time as required by SEBI rules. It stated there is no undisclosed information or pending corporate action that could explain the price movement. The company attributed the price movement purely to market forces and investor sentiment.
This is a routine exchange query with a standard compliance response — no penalty, investigation, or negative regulatory action is involved. The clarification is neutral for shareholders and does not indicate any hidden bad news.