Active Clothing clarifies share price movement

Active Clothing Co Ltd responded to a query from the stock exchange regarding significant movement in its share price. The company stated that all material information relevant to its operations and performance has been timely and accurately disclosed to the stock exchange, in compliance with SEBI regulations. It emphasized that all material facts impacting the company's share price are publicly available. Active Clothing attributed the recent share price fluctuations purely to market conditions and speculative, market-driven factors, over which the management has no control. Furthermore, the company confirmed that its promoters and Key Managerial Personnel (KMPs) have not traded company securities in the recent past. The company reiterated its commitment to inform stock exchanges about any price-sensitive information as required.