Business Update9 April 2026 at 12:44 pm
Kabsons Industries Confirms Compliance, Denies Involvement in Share Price Movement
AI Summary
Kabsons Industries Ltd has confirmed that they have been promptly disclosing all applicable disclosures under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable Regulations and Provisions. They give high priority to the compliance matters of the Stock Exchange, SEBI and other Regulators. The company has stated that they do not have any knowledge of price movement of the scrip on the Exchange, implying that the movement in the share price is purely due to market conditions and absolutely market driven.
Key Highlights
- Kabsons Industries has been complying with all applicable disclosures under SEBI regulations.
- The company prioritizes compliance matters of the Stock Exchange, SEBI, and other regulators.
- Kabsons Industries denies any involvement in the movement of their share price.
- The share price movement is attributed to market conditions and is market-driven.