Clarification on price movement on Company''s shares as per the letter attached.
TCC · price
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Awaiting price reaction for this filing.
TCC Concept Ltd responded to a BSE query seeking explanation for a recent unusual rise in its share price. The company stated that all material information impacting its operations and performance has already been disclosed to the stock exchange on time. It attributed the price movement purely to market conditions and said management has no control over it. Importantly, the company noted that its promoters and key managerial personnel have not traded in the company's shares recently. It reiterated its commitment to disclose any future price-sensitive information under SEBI's listing regulations.
This is a routine defensive clarification with no negative disclosure, which may help reassure investors that there is no hidden bad news behind the price rise. However, the stock remains under BSE's surveillance, and any further unusual movement could invite more scrutiny.