Reply to the Clarification sought on price movement of the shares of the Company
Price
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Awaiting price reaction for this filing.
RIR Power Electronics has responded to a BSE query seeking clarification on unusual movement in its share price. The company stated that it has made all required disclosures under SEBI's Listing Regulations and has not withheld any material information. It said it is not aware of any specific reason for the price movement and attributed the volatility entirely to market conditions. The company emphasized that the price movement is purely market-driven and the company has no connection with it. The communication was signed by the Company Secretary on 29th May 2025.
This is a standard regulatory response with no new information disclosed, so it is unlikely to materially affect the stock price. Investors should watch for any follow-up action from BSE or any future disclosures that could explain the price move.