Significant movement in price has been observed in Shradha Infraprojects Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Shradha Infraprojects Limited has submitted their response.
SHRADHA · price
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Awaiting price reaction for this filing.
The National Stock Exchange noticed a sharp movement in the share price of Shradha Infraprojects Limited and wrote to the company on 10th June 2025 seeking an explanation. In its response dated 11th June 2025, the company stated that it has always complied with SEBI listing regulations and disclosed all material and price-sensitive information within required timelines. The company confirmed that there is no undisclosed or pending information that could explain the price movement. It attributed the price spurt to purely market-driven external conditions and said the company has no connection with the movement.
This is a routine NSE surveillance query, and the company's response is a standard denial of any undisclosed information. Short-term, the stock may see volatility as the market digests this clarification, but no fundamental action or penalty is indicated.