We refer to your email of O9th April, 2026 seeking clarification on your observationregarding significant movement noticed by the Exchange in the price of our Company'sSecurity at your exchange in the recent past.In this regard, we would like to clarify and confirm that the Company has not made anyannouncement (including impending announcement) nor shared any information of anyimportance / significance in public domain which may have a bearing on the price /volume behaviour which the Exchange has noted. You will appreciate that this behaviourof the price movement is not attributable to any announcement / information shared bythe Company for any reason, but is only a part of normal pattern of market behaviourdepending upon varied factors.However, as a prudent practice, the Company, as always, in case of any specificinformation / announcement, will share / disclose on the Exchange at appropriate time.We will, therefore reiterate that the significant price movement of our Company's securityon the Exchange, as observed by you, is not on account of any information /announcement made by the Company.This reply may please be taken on record.
PRUDMOULI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The National Stock Exchange wrote to Prudential Sugar Corporation on April 9, 2026, seeking clarification about significant price movement noticed in the company's stock. In response dated April 10, 2026, the company clarified that it has not made any announcement (including impending ones) nor shared any material information in the public domain that could explain the price or volume movement. The company attributed the price movement to normal market behaviour influenced by varied factors, rather than any company-specific announcement. The firm confirmed it will continue to disclose material information to the Exchange as and when applicable, as a prudent practice.
The company's clarification suggests no hidden positive or negative corporate development is driving the stock price. While the exchange was concerned about unusual movement, the company has provided no new information, which may be neutral to mildly negative as it removes speculation of imminent news.