JHS Svendgaard clarifies on recent price movement

JHS Svendgaard Retail Ventures Ltd responded to queries from NSE and BSE regarding significant price movement in its securities. The company affirmed its compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, stating that it has promptly intimated all relevant events and price-sensitive information to the stock exchanges. JHS Svendgaard clarified that there is no undisclosed material information or impending announcement that could influence the price or volume behavior of its securities. The company attributes the recent price movement to purely market-driven factors and general market conditions, committing to continue informing stock exchanges of any material events as required.