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Awaiting price reaction for this filing.
Permanent Magnets Limited responded to a BSE Surveillance Department query regarding a significant movement in its share price. The company stated that it has disclosed all material events and information to BSE in compliance with SEBI Listing Regulations. As of the date of the letter, there is no pending or undisclosed information that could explain the price movement. The company attributes the share price movement to overall market conditions and is unaware of any specific reason.
This is a routine regulatory clarification with no negative disclosures. Shareholders should note that the company has nothing new to report and the price movement is being attributed to broader market forces, which means no fundamental catalyst is identified.