Clarification10 April 2026 at 06:29 am
Kay Power & Paper responds to BSE on scrip price movement
AI Summary
Kay Power and Paper Ltd. has responded to an email from BSE dated April 7, 2026, concerning significant movement in its share price. The company stated that the price fluctuations are entirely market-driven and attributable to prevailing market conditions. Management clarified that they neither control nor possess specific knowledge regarding the reasons for the significant scrip movement. The company reaffirmed its commitment to comply with all disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and its agreements with stock exchanges.
Key Highlights
- Company responded to BSE regarding share price volatility.
- Management attributes price movement solely to market conditions.
- No specific reasons for price changes are known by management.
- Company assures continued compliance with SEBI disclosure norms.