Chennai Ferrous: No undisclosed info for price movement

Chennai Ferrous Industries Ltd has responded to a letter from the exchange regarding significant price movement in its securities. The company confirmed that there are no undisclosed material events, price-sensitive information, or corporate developments that could have caused the movement. It stated full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and assured that all necessary disclosures have been made in a timely manner. The company attributes the observed price movement to market-driven factors and general investor sentiment, which are beyond its control. Chennai Ferrous committed to continued compliance with all applicable listing and disclosure obligations.