Clarification to BSE on movement in share price
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Awaiting price reaction for this filing.
National Plastic Technologies has responded to a BSE email dated September 22, 2025, asking the company to explain recent movement in its share price. The company stated it has been promptly disclosing all price-sensitive information as required under SEBI LODR rules. It mentioned that it has signed a non-binding agreement with an Original Equipment Manufacturer (OEM) for supply of plastic auto components, but the contract has not been finalized yet, and a further announcement will be made on confirmation. The company said it is not aware of any specific reason for the share price movement and attributes it to general market conditions, market-driven factors, a higher dividend declared at the recently concluded AGM, and consistent financial performance.
Investors should note this is a routine regulatory clarification and does not indicate any regulatory action against the company. The mention of a potential OEM contract is forward-looking but non-binding, so it should not be treated as confirmed business. The stock movement is attributed to general market and dividend-related factors, with no negative news.