Dear Sir, This is with reference to your emailed letter Ref:L/SURV/ONL/AA/2025-2026/299 dated July 23, 2025, seeking clarification on the significant movement in the price of Equity shares ....
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Awaiting price reaction for this filing.
Mishka Exim Limited has responded to a BSE surveillance letter (Ref: L/SURV/ONL/AA/2025-2026/299) seeking clarification on recent unusual price movement in its equity shares. The company stated it has made all required disclosures on time under SEBI's Listing Regulations and has not withheld any material information. Management attributed the share price movement to its quarterly results filed on July 17, 2025, which reflected significant movements in gold and silver prices during the last quarter. The company confirmed there are no pending price-sensitive announcements and described the price movement as purely market-driven.
This is a routine regulatory clarification with no negative implication — the company has not been penalised or investigated. However, it signals heightened BSE surveillance on the stock, and investors should note that the sharp price moves were linked to commodity (gold/silver) price volatility rather than company-specific fundamentals.