PFA the Company''s reply to Exchange query dated 01 September 2025 seeking clarification of price movement in the shares of the Company.
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Awaiting price reaction for this filing.
BSE asked Ovobel Foods to explain recent unusual movement in its share price. The company replied that there is no undisclosed information or pending announcement under SEBI's Listing Regulations that could explain the price behaviour. It confirmed it has been making all required disclosures under SEBI's Listing and Insider Trading rules. The company also pointed out that promoter Mr. Mysore Satish Sharad had bought 28,191 shares (about 0.30% of paid-up capital) through normal market purchases on BSE between August 18 and August 28, 2025, which was already reported to the exchange as required.
No negative news — the company has nothing hidden to disclose and confirmed full compliance with SEBI rules. The promoter's small open-market share purchase may be read as a mild vote of confidence, but is not material in size.