Please find enclosed herewith the explaination on the price movement in the Equity Shares of the NDA Securities Limited.
Price
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Awaiting price reaction for this filing.
NDA Securities has responded to a BSE Surveillance Department query seeking an explanation for a significant movement in its share price. The company attributes the price action to a previously disclosed Extra-Ordinary General Meeting (EGM) notice dated December 17, 2025. Key agenda items in the EGM include a sharp increase in authorised share capital from ₹15 crore to ₹100 crore, an alteration of the capital clause of the Memorandum of Association, and an expansion of the object clause by adding new business objects. The company has confirmed that it has been making timely disclosures under SEBI LODR Regulations and that there is no other unpublished price-sensitive information pending disclosure.
The proposed massive increase in authorised share capital (more than 6x) and expansion of business objects could signal a potential fundraising or diversification move, which may interest investors. The clarification itself is routine and should not be seen as a negative development; however, actual dilution or new business direction will depend on the outcome of the EGM.