BSEMurae Organisor LtdHighNegative
Announced Wed, 14 May · 16:37 IST

Rumour Verification - Regulation 30(11)

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Murae Organisor Ltd responded to BSE's query about unverified promotional content circulating on YouTube and Telegram. The company strongly denied authorizing any third-party communications or recommendations made in its name. It categorically rejected several specific claims: a global presence in 15+ countries, a ₹250 crore Himachal project, and a ₹135 crore receipt from Cipla, calling the last entirely false. The only claim confirmed was a previously approved 1:1 stock split, while a 1:10 bonus issue has no board approval. The company also distanced itself from unverified client names (Cipla, Dr. Reddy) and warned investors to rely only on official exchange filings.

Likely market impact

Investors should disregard the social media claims and base decisions solely on audited financials and official BSE filings. The 1:1 stock split is confirmed, but other hyped narratives — including the Cipla transaction and the Himachal project — are officially denied, which may disappoint investors who bought into the rumours and could trigger short-term volatility.