Bhagyanagar India clarifies on volume and price spurt

Bhagyanagar India Ltd. has responded to a clarification sought by the stock exchanges regarding a significant increase in the volume and price movement of its securities. The company stated that the observed market activity is purely driven by market forces. Bhagyanagar India confirmed that there is no undisclosed material information or event that could be influencing the price/volume behavior of its shares. The company reiterated its commitment to comply with all applicable regulatory requirements and assured that it would promptly inform the exchanges of any material developments as and when they occur.