Clarification10 April 2026 at 11:31 am
Pritish Nandy clarifies price movement is market-driven
AI Summary
Pritish Nandy Communications Ltd responded to a BSE inquiry regarding significant price movement in its shares. The company clarified that the price fluctuation is purely due to market conditions and is market-driven, stating that its management has no control over or knowledge of the reasons behind it. Furthermore, the company affirmed that all material and price-sensitive information, as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been duly disclosed to date. The company reiterated its commitment to keeping the Stock Exchanges informed of any future information as per regulations.
Key Highlights
- Company attributes recent share price movement solely to market conditions.
- Management denies any control or knowledge regarding reasons for price changes.
- All material and price-sensitive information has been disclosed to date.
- Company assures compliance with SEBI Listing Regulations.