Centenial Surgical Suture Ltd Flags Unusual Share Trading Activity

Centenial Surgical Suture Ltd has alerted the stock exchanges, BSE and SEBI, about highly unusual and potentially manipulative trading activity in its shares. The company noted instances of single-share trades at specific prices and a significant fall in share price without any corresponding material business announcements. They suspect price rigging and coordinated trading by a syndicate to manipulate the share price, possibly to avoid regulatory surveillance. The company has requested an urgent investigation into these activities to protect shareholder interests and the company's reputation, asserting no involvement from its promoters or management.