Clarification10 April 2026 at 09:28 am
Shiva Cement clarifies scrip price movement is market-driven
AI Summary
Shiva Cement Ltd received an inquiry regarding significant movement in its scrip price. The company clarified that the price fluctuation is purely due to market conditions and is entirely market-driven. Management stated they have no control over or knowledge of the reasons behind the significant price movement. The company also affirmed that it has made all necessary disclosures in a timely and transparent manner as required under Regulation 30 of SEBI Listing Regulations, 2015, and will continue to adhere to these provisions.
Key Highlights
- Shiva Cement clarifies significant stock price movement.
- Company states price movement is purely market-driven.
- Management has no control or knowledge of reasons.
- Company confirms adherence to SEBI disclosure norms.